ITC reports 25% fall in Q1 consolidated net profit
27th Jul 2020

ITC has reported results for first quarter ended June 30, 2020.

The company has reported 26.19% fall in its net profit of Rs 2342.76 crore for the quarter under review as against Rs 3173.94 crore for the same quarter in the previous year. Total income of the company decreased 14.22% at Rs 10398.57 crore for Q1FY21 as compared Rs 12122.99 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 25.16% fall in its net profit attributable to owners at Rs 2511.00 crore for the quarter under review as against Rs 3355.01 crore for the same quarter in the previous year. Total income of the company decreased by 14.29% at Rs 11403.59 crore for Q1FY21 as compared Rs 13305.19 crore for the corresponding quarter previous year.