ITC Q1 net up 20.1% at Rs 558 cr
PTI | Press Trust of India, Kolkata
Jul 29, 2005 06:35 PM IST
Post-tax profit of ITC Limited during the Q1 increased by 20.1% at Rs 558.30 cr as compared to Rs 464.88 cr during the same period previous fiscal.
Post-tax profit of ITC Limited during the first quarter of current financial year increased by 20.1 per cent at Rs 558.30 crore as compared to Rs 464.88 crore during the same period previous fiscal.
Net sales of the company grew 24.7 per cent at Rs 2266.88 crore, against Rs 1867.15 crore in the first quarter of previous financial year.
The growth in turnover had been attributed to rise in cigarette sales and overall performance of non-tobacco business like food, hotels and packaging.
ITC's non-cigarette topline was now contributing 44 per cent of the company's net turnover and grew by 39 per cent in the current fiscal.
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