The total FMCG net revenue during the quarter stood at Rs5,440.06 crore with the cigarettes category accounting for Rs3,657.36 crore
New Delhi: Diversified group ITC today reported a 20.62% rise in its standalone net profit at Rs2,051.85 crore for the third quarter ended 31 December 2012 on the back of strong performance in cigarettes, agri and paper businesses, reports PTI.
The company had posted a net profit of Rs1,700.98 crore in the same period last fiscal, ITC said in a filing to the BSE.
Net sales during the period under review stood at Rs7,627.07 crore, up 23.1% from Rs6,196.43 crore in the corresponding period last financial year.
The total FMCG net revenue during the quarter stood at Rs5,440.06 crore with the cigarettes category accounting for Rs3,657.36 crore.
Paper, paperboards and packaging business clocked net revenue of Rs1,061.55 crore in the third quarter. Hotels segment had a net revenue of Rs309.46 crore, while the agri business posted net sales of Rs1,630.97 crore.
During the period, the company said its cost of materials consumed increased to Rs2,374.48 crore against Rs1,946.22 crore in the year-ago period.
The ITC stock was trading at Rs287.50 per share, in afternoon trade, up 0.82% from the previous close on the BSE.
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