Home / Business and Economy / ITC Q1: Net Profit Down 27%, Revenue Up 28%
ITC Q1: Net Profit Down 27%, Revenue Up 28%
31 Jul
Summary
- First-quarter net profit fell by 27% year-on-year.
- Revenue from operations increased by a significant 28%.
- Net profit was rupees 3,579 crore for the quarter.
For the first quarter of fiscal year 2027, ITC reported a twenty-seven percent decrease in net profit compared to the same period last year. This financial update covers the period from April to June.
Despite the decline in net profit, ITC's revenue from operations experienced robust growth. Operations generated twenty-eight percent more revenue year-on-year.
Specifically, the company's standalone net profit for the quarter amounted to rupees three thousand five hundred seventy-nine crore. In parallel, its revenue from operations reached rupees twenty-six thousand nine hundred forty-three crore.
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