ITC gains on reporting 15% rise in Q3 consolidated net profit

ITC is currently trading at Rs. 235.30, up by 1.00 points or 0.43% from its previous closing of Rs. 234.30 on the BSE.

The scrip opened at Rs. 237.65 and has touched a high and low of Rs. 238.50 and Rs. 231.60 respectively. So far 1231842 shares were traded on the counter.

1200px ITC Limited Logo.svg 1
ITC Limited Logo.svg 1

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 265.30 on 18-Oct-2021 and a 52 week low of Rs. 199.10 on 04-May-2021.

Last one week high and low of the scrip stood at Rs. 238.50 and Rs. 217.05 respectively. The current market cap of the company is Rs. 290323.67 crore.

The Institutions and Non-Institutions holding in the company stood at 53.78% and 46.22% respectively. ITC

ITC has reported a rise of 12.70% in its net profit at Rs 4,156.20 crore for the quarter ended December 31, 2021 as compared to Rs 3,687.88 crore for the same quarter in the previous year. Total income of the company increased by 28.27% at Rs 17,616.80 crore for Q3FY22 as compared Rs 13,733.91 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.82% in its net profit at Rs 4,118.80 crore for the quarter ended December 31, 2021 as compared to Rs 3,587.20 crore for the same quarter in the previous year. Total income of the company increased by 28.07% at Rs 18,787.72 crore for Q3FY22 as compared Rs 14,670.17 crore for the corresponding quarter previous year.

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