ITC's Q2 FY25 Financial Results Show Positive Growth in Operating Profit and Net Sales

Oct 24 2024 10:00 PM IST
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ITC, a leading company in the cigarettes/tobacco industry, has reported its financial results for the quarter ending September 2024. The company's performance has remained steady with a score of 3 out of 4, but there are some positive highlights. ITC's operating profit and net sales have shown growth, indicating a positive trend for the company's future performance.

ITC, a largecap company in the cigarettes/tobacco industry, has recently declared its financial results for the quarter ending September 2024. The stock call for ITC by MarketsMOJO is ‘Hold’, indicating a neutral stance on the company’s performance.

According to the financials, ITC has shown a flat performance in the quarter, with a score of 3 out of 4, which has decreased from the previous quarter. However, there are some positive aspects to note from the financial results.


ITC’s operating profit (PBDIT) for the quarter is the highest in the last five quarters, at Rs 6,761.78 crore. This is also a growth from the previous quarters, indicating a positive trend in the near term. Additionally, the net sales for the quarter are also the highest in the last five quarters, at Rs 20,735.87 crore. This shows a positive trend in the near term for ITC’s sales.


Overall, while the financial performance for the quarter may have been flat, there are some positive indicators for ITC’s future performance. Investors may want to keep an eye on the company’s operating profit and net sales trends in the coming quarters to make informed decisions.


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