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ITC reports 7% rise in Q3 consolidated net profit

30 Jan 2024 Evaluate

ITC has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 10.75% rise in net profit at Rs 5,572.07 crore for the quarter ended December 31, 2023 as compared to Rs 5,031.01 crore for the same quarter in the previous year. Total income of the company increased by 3.58% at Rs 18,787.19 crore for Q3FY24 as compared Rs 18,137.20 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 6.52% rise in its net profit at Rs 5,400.51 crore for Q3FY24 as compared to Rs 5,070.09 crore for the same quarter in the previous year. Total income of the company increased by 2.68% at Rs 20,141.33 crore for Q3FY24 as compared Rs 19,616.08 crore for corresponding quarter of the previous year.

Peers
Company Name CMP
ITC 260.25
Godfrey Phillips Ind 1928.00
VST Industries 204.05
Indian Wood Products 33.86
NTC Industries 134.70
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