ITC Q2 results Highlights: ITC Q2 profit at ₹4,927 crore, revenue at ₹16,550

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ITC Q2 results LIVE Updates: Revenue across various verticals, says report

ITC revenue from cigarette business up 10.13% YoY at Rs 7657 crore vs Rs 6953 crore in the year-ago period, as per an MC report. The revenue from FMCG business is up 8.35% YoY at Rs 5293 crore vs Rs 4885 crore. The hotel business revenue is up 21.31% YoY at Rs 649 crore vs Rs 535 crore.

ITC Q2 results LIVE Updates: Will Hotels-to-cigarettes major's stock price boune back tomorrow?

ITC Q2 results LIVE Updates: Stationery business sees strong growth on YoY basis

“In the Stationery business, Classmate Notebooks and Pens witnessed strong growth on YoY basis. Exports continue to be scaled up leveraging capabilities of the state-of-the-art owned manufacturing facility,” ITC said in a press release.

ITC Q2 results LIVE Updates: Strong performance continues in FMCG

ITC’s strong performance continued in FMCG – Others with the segment revenue up 8.3% YoY on a high base. The two-year CAGR came in at 14.5%. The segment EBITDA margin expanded 150 bps YoY to 11.0% while segment PBIT up 36.8% YoY. Atta, Spices, Personal Wash and Agarbatti drove growth amidst relatively subdued consumer demand environment.

ITC Q2 results LIVE Updates: Cigarettes net segment revenue up 8.5% YoY

Diversified conglomerate ITC’s Cigarettes segment showed a resilient performance with net Segment revenue up 8.5% YoY and segment PBIT up 8.0% YoY on a high base. The sustained volume claw back from illicit trade on the back of deterrent actions by enforcement agencies and relative stability in taxes. The market standing reinforced through focused portfolio/market interventions & agile execution.

ITC Q2 net profit rises 10% to ₹4,927 crore, beats estimates

Diversified conglomerate ITC Ltd on Thursday (October 19) reported a 10.3% year-on-year (YoY) jump in net profit at ₹4,927 crore for the second quarter that ended September 30, 2023. ITC's net profit in the same quarter last year was at ₹4,466 crore, the company said in a regulatory filing. A CNBC-TV18 poll had predicted a profit of ₹4,911 crore for the quarter under review.

ITC Q2 results LIVE Updates: FMCG-hotels-cigarette major ITC's Q2 revenue at Rs 16,550

ITC Q2 results LIVE Updates: ITC reports Q2 profit at Rs 4,927 crore

Q2 results LIVE Updates: Blinkit's revenue zooms 207% to Rs 724 crore in FY23

Blinkit's revenue from operations zoomed 207 percent to Rs 724 crore and net loss widened to Rs 1,190 crore in FY23, the first full financial year of its operations after its pivot to quick commerce in December 2021 and also the first annual numbers after its acquisition by Zomato last year, as per an MC report.

Equitas Small Finance Bank Q2 Results LIVE Updates: Profit zooms 70.2%

Equitas Small Finance Bank reported a net profit of Rs 198 crore in the September quarter, surging 70.2% on year-on-year basis. The lender had reported a profit of Rs 116.4 crore in the same period last year. Equitas Small Finance Bank’s NII went up 25.6% YoY at Rs 765.6 crore in the quarter under review against the Rs 609.7 crore it had reported a year ago in the same quarter. 

Metro Brands Q2 results LIVE Updates: Net profit falls 13.18% to Rs 67.62 crore

Metro Brands’ consolidated net profit dipped 13.18% to Rs 67.62 crore for the September quarter of FY24, from Rs 77.89 crore in the same quarter last year. Metro Brands’ total revenue rose 16.66% to Rs 555.70 crore, from Rs 476.31 crore from an year ago in the same quarter, as per the company’s regulatory filing.

Tata Coffee Q2 results LIVE Updates: Tata Group consumer firm’s PAT declines by 60.2%; revenue down 3.1% YoY

Here are the key highlights from Tata Coffee’s Q2 results today:

-- Revenue at Rs 696 crore vs Rs 718 crore, down 3.1% YoY

-- PAT at Rs 56.7 crore vs Rs 142.4 crore, down 60.2% YoY

-- EBITDA at Rs 102 crore vs Rs 82 crore, up 24.4% YoY

Tata Communications Q2 Results Live Updates: Profit down 42%, revenue up over 2%

-- Profit down 42 percent at Rs 221.3 crore vs Rs 381.8 crore last quarter

-- Revenue up 2.1 percent QoQ from Rs 4771.4 crore to Rs 4872.5 crore

-- EBITDA dips 1% QoQ from Rs 1024 crore to Rs 1015.4 crore