Friday, 18 January 2008

ITC Q3 net profit up at Rs 830.72 cr

ITC has announced its third quarter numbers. It has posted net profit of Rs 830.72 crore for the quarter ended December 2007 as against Rs 717.40 crore in same period of previous year and net sales of Rs 3457.9 crore versus Rs 3165.6 crore.

Other income jumped at Rs 137 crore from Rs 69.7 crore.

According to CNBC-TV18 estimates, the company was expected to post 13.7% growth in its net profit of Rs 815.8 crore for the quarter ended December 2007. Net sales was seen up 14.2% at Rs 3,616.3 crore.

Result (Rs cr) Dec-07 Sep-07 Jun-07 Mar-06 Dec-06
Net Sales / Interest Earned / Operating Income 3458 3273 3325 3466 3166
Other Income 137 208 102 102 70
Total Income 3595 3482 3427 3569 3235
Expenditure -2258 -2241 -2198 -2536 -2083
Operating Profit 1337 1240 1229 1033 1153
Interest -2 -1 1 0 1
Profit Before Depreciation and Tax 1335 1239 1230 1033 1153
Depreciation -110 -106 -101 -92 -92
Profit before Tax 1226 1133 1129 940 1061
Tax -395 -362 -346 -290 -344
Net Profit 831 771 783 651 717
Equity Capital 377 376 376 376 376