Oct 25, 2013, 04.17 PM IST
Net Sales increased 8.9 percent (far lower than analysts' expectations) to Rs 7,780 crore during September quarter from Rs 7,146 crore in a year ago period, dented by slow volume growth in cigarette business and fall in agri volume.
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ITC Q2 net profit up 21.5% to Rs 2,230 cr, sales disappoint
Net Sales increased 8.9 percent (far lower than analysts' expectations) to Rs 7,780 crore during September quarter from Rs 7,146 crore in a year ago period, dented by slow volume growth in cigarette business and fall in agri volume.
Like this story, share it with millions of investors on M3
ITC Q2 net profit up 21.5% to Rs 2,230 cr, sales disappoint
Net Sales increased 8.9 percent (far lower than analysts' expectations) to Rs 7,780 crore during September quarter from Rs 7,146 crore in a year ago period, dented by slow volume growth in cigarette business and fall in agri volume.
Cigarette-to-hotels major ITC reported higher-than-expected 21.5 percent growth in its net profit of Rs 2,230 crore in three months period ended September 2013, but it disappointed with sales growth.
Net Sales increased 8.9 percent (far lower than analysts' expectations) to Rs 7,780 crore during September quarter from Rs 7,146 crore in a year ago period, dented by slow volume growth in cigarette business and fall in agri volume.
According to a CNBC-TV18 poll, analysts on an average had expected the company to report net profit of Rs 2,115 crore on revenues of Rs 8,140 crore for the quarter.
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ITC Q2 net profit up 21.5% to Rs 2,230 cr, sales disappoint
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