FMCG major ITC posts 20 per cent growth

Kolkata, Jul 27: FMCG major ITC today posted a net profit of Rs 783 crore in the first quarter of 2007-8 recording a growth of 20 per cent.

Speaking at the AGM of the company here, ITC Chairman Y C Deveshwara said growth in Q1 revenue was driven by non-cigarette port-folio which grew by 18 per cent.

The net turnover of the company in the first quarter stood at Rs 3,325 crore, up by 16.7 per cent.

The EPS grew by Rs 2.08.

UNI