ITC Ltd’s net profit in the April-June quarter jumped 18 per cent year-on-year (YoY) to Rs 4,903 crore, the company said in a filing with stock exchanges on Monday. The company had posted a consolidated net profit of Rs 4,462.25 crore in the same period the last fiscal.
The diversified conglomerate’s revenue from operations in the first quarter, net of excise duty, fell 8.5 per cent YoY to Rs 15,828.20 crore. ITC’s revenue from operations in the same quarter a year ago was Rs 19,831.27 crore.
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