ITC December qtr net profit up 21.4 pc to Rs 1,389 crore

Diversified firm ITC Limted today posted a 21.4 % increase in its net profit to Rs 1,389.08 crore in the quarter ended December 31, 2010 over the same period last fiscal.

Diversified firm ITC Limted on Friday posted a 21.4 % increase in its net profit to Rs 1,389.08 crore in the quarter ended December 31, 2010 over the same period last fiscal.

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The company had a net profit of Rs 1,144.17 crore in the quarter ended December 31, 2009, ITC said in a filing to the Bombay Stock Exchange.

During the period, ITC had a net ssales ales of Rs 5,453.49 crore, up 18.56 % increase from Rs 4,599.56 crore over the corresponding quarter last fiscal.

Shares of ITC Limited were trading at Rs 170.75, down by 0.58 % from the previous close on the BSE.