ITC Q1 result: Huge profit! Key highlights; stock jumps over 1.50%

ITC Ltd on Monday reported an increase of 33.46 percent in consolidated net profit to Rs 4,462.25 crore for the first quarter ended June.

The company had posted a net profit of Rs 3,343.44 crore during the April-June quarter of the previous fiscal, it said in a regulatory filing.

Its revenue from operations was up 39.25 percent at Rs 19,831.27 crore in the first quarter of the current fiscal compared to Rs 14,240.76 crore in the year-ago period.

ITC's total expenses in the latest June quarter stood at Rs 14,201.51 crore.

Shares of ITC Ltd on Monday settled at Rs 307.55 on BSE, up 1.52 percent from the previous close.