New Delhi, ITC Ltd on Friday reported a 23.09 percent increase in its consolidated net profit of Rs 5,070.09 crore for the third quarter ended 31 December 2022. The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal year, ITC said in a regulatory filing.
Revenue from operations increased by 3.56 percent to Rs 19,020.65 crore during the quarter under review, compared to Rs 18,365.80 crore in the corresponding period of the previous financial year.
Revenue from operations increased by 3.56 percent to Rs 19,020.65 crore during the quarter under review, compared to Rs 18,365.80 crore in the corresponding period of the previous financial year.
Total expenditure fell by 3.29 percent to Rs 12,772.27 crore, from Rs 13,207.28 crore in the same period last year.
Shares of ITC Ltd on Friday settled at Rs 380.50 on BSE, up 0.50 percent from the previous close.