Sunday, October 28, 2018

ITC Q2 results : Cigarette segment revenue contribution comes down to 41%

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Cigarette cum FMCG cum Hotel major has come out with Q2 results today. 

Gross revenue for the quarter stood at Rs 12,195 crore, representing a growth of 14.7 per cent, driven mainly by FMCG, agri-business and hotels.

Cigarette segment contributed Rs 5026 Cr (41%, same quarter last year it was 42 plus), FMCG Rs 3160 Cr (26%), Agri Rs 2220 Cr (18%), Paper Rs 1425 Cr (12%) and Hotels Rs 363 Cr.

 The company’s profit before depreciation, interest and tax stood at Rs 4,206 crore, registering a rise of 11.8 per cent over the same period last fiscal.

 Net profit stood at Rs 2955 Cr, up by 12 percent.

ITC stock closed at Rs 280, down Rs 8 in Friday's trade.

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