ITC Q1 net up by 16.83 pc to Rs 652.28 crore

Mumbai, Jul 21: FMCG major ITC Ltd has posted 16.83 per cent rise in profit to Rs 652.28 crore for the quarter ended June 30, this year as compared to Rs 558.30 crore for the quarter ended June 30 last year.

Announcing the results, the company said its total income has increased by 24.80 per cent to Rs 2,934.69 crore for June-06 from Rs 2,351.40 crore in June-05 quarter.

ITC has a diversified presence in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, greeting cards, safety matches and other FMCG products.

UNI