ITC has reported results for fourth quarter and year ended March 31, 2017.
The company has reported a marginal rise of 0.86% in its net profit at Rs 2669.47 crore for the quarter ended March 31, 2017 as compared to Rs 2646.73 crore for the same quarter in the previous year. Total income of the company increased by 8.09% at Rs 15410.92 crore for quarter under review as compared to Rs 14257.91 crore for the quarter ended March 31, 2016.
For the year ended March 31, 2017, the company has posted a rise of 9.35% in its net profit at Rs 10200.90 crore as compared to Rs 9328.37 crore in FY16. Total income of company increased by 6.93% at Rs 57434.37 crore for year under review as compared to Rs 53713.83 crore for the year ended March 31, 2016.
For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 10.28% in its net profit after taxes, share of profit of associates and joint ventures at Rs 10477.23 crore as compared to Rs 9500.86 crore in the previous year. Total income of the company increased by 6.89% at Rs 60493.05 crore for year under review as compared to Rs 56591.88 crore for the year ended March 31, 2016.