ITC net profit up over 10% in Q1
Thursday - July 26, 2018 6:22 pm ,
Category : BUSINESS
Kolkata July 26 (IANS) Cigarette-to-FMCG major ITC Ltd on Thursday reported a 10.08 per cent increase in its net profit to Rs 2 818.68 crore in the quarter ended on June 30 2018 as compared to Rs 2 560.50 crore in the year-ago period.
On a comparable basis its gross revenue from sale of products and services was at Rs 10 722.22 crore in the June quarter down by about 22 per cent from Rs 13 722.21 crore in the corresponding period last year.
However gross sales (net of rebates and discounts) on a comparable basis grew by 13.5 per cent to Rs 18 171.66 crore for the quarter under review from Rs 16 010.66 crore in the corresponding period of the previous year.
--IANS bdc/vd
On a comparable basis its gross revenue from sale of products and services was at Rs 10 722.22 crore in the June quarter down by about 22 per cent from Rs 13 722.21 crore in the corresponding period last year.
However gross sales (net of rebates and discounts) on a comparable basis grew by 13.5 per cent to Rs 18 171.66 crore for the quarter under review from Rs 16 010.66 crore in the corresponding period of the previous year.
--IANS bdc/vd
