ITC reports 16% rise in Q1 consolidated net profit
Date: 14-08-2023ITC has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 17.59% rise in its net profit at Rs 4902.74 crore for the quarter under review as compared to Rs 4169.38 crore for the same quarter in the previous year. However, total income of the company decreased by 4.98% at Rs 17704.23 crore for Q1FY24 as compared Rs 18632.85 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 16.09% rise in its net profit at Rs 5180.12 crore for the first quarter ended June 30, 2023 as compared to Rs 4462.25 crore for the same quarter in the previous year. However, total income of the company decreased by 3.92% at Rs 19361.78 crore for Q1FY24 as compared Rs 20152.00 crore for the corresponding quarter previous year.