ITC Q2 Results: Company's profit increased by 3 percent in the September quarter, know the full details

Leading FMCG company ITC has announced its quarterly results. In the quarter ended September, the company has reported a profit of Rs 5,078.3 crore, while the CNBC-TV18 poll had estimated a profit of Rs 5,050 crore. A year ago in this quarter, the company had reported a profit of Rs 4,927 crore. This increase in the company's profit is 3 percent. In the September quarter, the company's income has increased from Rs 16,550 crore year-on-year to Rs 19,327.8 crore. This increase in the company's income is 16.8 percent.

ITC has said that in the September quarter, the company has recorded an EBITDA of Rs 6,335.2 crore, which was Rs 6,041 crore in the same quarter a year ago. The company's EBITDA margin has come down from 36.5 percent to 32.8 percent year-on-year. The company's cigarette volume growth was 3 percent, while 2-3 percent was estimated. Share performance On Thursday, ITC's share closed at Rs 470.70 with a decline of 2.01 percent. In the last one year, the company's stock has seen a rise of 8.78 percent. The 52-week high of the stock is Rs 528.50. 

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