ITC's FY11 consolidated net surges by 20%
Date: 20-05-2011Diversified conglomerate ITC has announced the results for the quarter & year ended March 31, 2011
The Company has posted a net profit rise of 24.63% to Rs 1281.48 crore for the quarter ended March 31, 2011 as compared to Rs 1028.22 crore for the quarter ended March 31, 2010. Total Income has increased by 16.53% to Rs 6062.15 crore for the quarter to from Rs 5202.17 crore in the same quarter last year.
The Company has posted a net profit of Rs 4987.61 crore for the year ended March 31, 2011, up by 22.82% as compared to Rs 4061.00 crore in the last year. Total Income has increased by 17.15% to Rs 21986.42 crore for the year from Rs 18767.93 crore in last year.
On consolidated basis, the Group has posted a net profit after tax of Rs 5017.93 crore for the year, up by 20.39% as compared to Rs 4168.18 crore in the last year, up by 20.39%. Total Income has increased by 16.61% to Rs 23050.17 crore from Rs 19766.12 crore for the year ended March 31, 2010.