ITC announces 16.3% growth in post-tax profit Friday, July 30 2004 16:51 Hrs (IST)
Kolkata:
ITC's post-tax profit for the quarter ended June 30, 2004 posted a growth of 16.3 % to Rs 461.99 crores while pre-tax profit registered a growth of 11.6 % to Rs. 674.51 crores. Earnings per share for the quarter stood at Rs 18.65.
The company's net turnover at Rs 1775 crores registered a robust growth of 24.2 % on the back of growth in cigarette sales, ramp-up of new FMCG businesses and improved performance of the Hotels and Paperboards, Paper & Packaging segments.
The Board of Directors, at its meeting held in Kolkata on July 30, 2004 approved the financial results for the quarter ended June 30, 2004.