ITC Q2 profit up 9% at Rs 2,425 crore

Leading conglomerate ITC Ltd on Friday posted a 8.72 per cent rise in its standalone net profit to Rs 2,425.16 crore (Rs 24.25 billion) for the second quarter ended September 30, 2014.

The company had registered a net profit of Rs 2,230.53 crore (Rs 22.30 billion) in the July-September period of 2013-14.

Standalone total income of the company during the quarter under review also increased 14.76 per cent to Rs 9,023.74 crore (Rs 90.23 billion), compared to Rs 7,862.53 crore (Rs 78.62 billion) in the same period of previous fiscal, ITC Ltd said in a filing to BSE.

Shares of the company were trading at Rs 355.25 per scrip on the BSE during the afternoon trade, up 0.11 per cent from its previous close.