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ITC net profit up 3.61% at Rs 2,265 crore; stock moves up 2%

Net sales of the Kolkata-based company, however declined 7.18% to Rs 8,505.53 crore for the quarter under review as against Rs 9,164.42 crore during June quarter of the previous fiscal, ITC said in a filing to the BSE.

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ITC Ltd has posted 3.61% rise in net profit at Rs 2,265.44 crore for the first quarter ended June 30, as compared to Rs 2,186.39 crore during the same period of 2014-15 fiscal.

Net sales of the Kolkata-based company, however declined 7.18% to Rs 8,505.53 crore for the quarter under review as against Rs 9,164.42 crore during June quarter of the previous fiscal, ITC said in a filing to the BSE.

ITC shares were trading at Rs 311.10 a piece on the BSE up 2.35% from the previous close. 

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