Marginally beating the Street’s estimates, Kolkata-based FMCG (fast moving consumer goods) major, ITC posted a 12.3 per cent rise in its net profit at Rs 2,669.47 crore for the quarter ended March 31 (Q4), while its income from operations rose 6.15 per cent at Rs 15,008.82 crore for Q4. The company’s net profit in the corresponding quarter of FY16 stood at Rs 2,380.68 crore while total income from operations came in at Rs 14,510.01 crore.
Marginally beating the Street’s estimates, Kolkata-based FMCG (fast moving consumer goods) major, ITC posted a 12.3 per cent rise in its net profit at Rs 2,669.47 crore for the quarter ended March 31 (Q4), while its income from operations rose 6.15 per cent at Rs 15,008.82 crore for Q4. The company’s net profit in the corresponding quarter of FY16 stood at Rs 2,380.68 crore while total income from operations came in at Rs 14,510.01 crore.