ITC Q3 Results: Net Profit Rises 23 pc to Rs 5,070 cr

ITC reported a 23.09 percent increase in its consolidated net profit at Rs 5,070.09 crore for the third quarter that ended December 31, 2022.

The diversified company had posted a net profit of Rs 4,118.80 crore during the October-December quarter of the previous fiscal, ITC said in a regulatory filing.

Its revenue from operations rose 3.56 percent to Rs 19,020.65 crore during the quarter under review, as against Rs 18,365.80 crore in the corresponding period of the previous fiscal.

Total expenses dipped 3.29 percent to Rs 12,772.27 crore from Rs 13,207.28 crore in the year-ago period.