ITC's Q2 standalone net profit up 36% at Rs 4,023.10 crore
FMCG-to-hospitality major ITC on Thursday reported a 36.10 per cent year-on-year (YoY) rise in its standalone net profit for the quarter ended September at Rs 4,023.10 crore.
FMCG-to-hospitality major ITC on Thursday reported a 36.10 per cent year-on-year (YoY) rise in its standalone net profit for the quarter ended September at Rs 4,023.10 crore. The company had reported its standalone net profit in the July-September period of financial year 2018-19 at Rs 2,954.67 crore.
The total income of the company during the period under review rose by 6.36 per cent to Rs 12,525.80 crore, compared to Rs 11,776.63 crore earned in the corresponding period last fiscal, ITC said in a regulatory filing.
Further, the company issued and allotted 11,80,380 shares of Re 1 each, upon exercise of 1,18,038 options under the company`s employee stock option schemes (ESOS).
"Consequently, with effect from October 24, 2019, the issued and subscribed share capital of the company stands increased to Rs 1228,76,70,591 divided into 1228,76,70,591 ordinary shares of Re 1 each," it said.
The company also said that it has been ranked first globally amongst companies with market capitalisation between $38 billion and $51 billion and overall third globally on ESG (environmental, social and governance) performance in the food products industry by Sustainalytics, a global ESG ratings company.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
09:12 PM IST