Reuters logo
RPT-India's ITC Q3 net profit up 21 pct, beats forecast
January 18, 2013 / 6:49 AM / 5 years ago

RPT-India's ITC Q3 net profit up 21 pct, beats forecast

(Repeats to attach to corrected snap, no change to text)

MUMBAI, Jan 18 (Reuters) - India’s largest cigarette maker, ITC Ltd, posted a 21 percent jump in quarterly net profit on Friday, beating market expectations.

ITC, India’s fourth most-valuable company at $41.1 billion, said its net profit rose to 20.5 billion rupees ($377.6 million)for the quarter ended Dec. 31, up from 17 billion rupees a year earlier.

Analysts had expected a 16.5 percent rise in earnings to 19.8 billion rupees, according to Thomson Reuters I/B/E/S.

($1 = 54.29 Indian rupees)

Reporting by Nandita Bose; Editing by Matt Driskill

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below