ITC Q3 profit flat at Rs.2,652.82 crore

Kolkata, Jan 22 (IANS) Indian Tobacco Company Ltd. (ITC) on Friday said it posted a standalone net profit of Rs.2,652.82 crore for the quarter ending December 2015.

The net profit remained flat with a rise of Rs.17.82 crore, on a quarter-on-quarter basis, growing by 0.67 percent.

According to the unaudited standalone financial results posted on the Bombay Stock Exchange (BSE), ITC’s total income grew to Rs.9,176.73 crore in the quarter under review against Rs.8,942.59 crore posted in Q3 2014-15.

The company incurred a total expenditure of Rs.5,834.08 crore in Q3 2015-16 compared to Rs.5,716.02 crore in the year ago quarter.

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