ITC Q2 net profit surges by 8.72 per cent to Rs 2,425.16 crore

ITC, the home-grown conglomerate, on Friday reported an 8.72 per cent increase in its standalone net profit to Rs 2,425.16 crore for the second quarter ended September 30, 2014.

The FMCG major had registered a net profit of Rs 2,230.53 crore in the corresponding quarter of the previous 2013-14 fiscal.

ITC's standalone total income during the reporting quarter also surged by 14.76 per cent to Rs 9,023.74 crore, compared to Rs 7,862.53 crore in the same period of FY14, the company said in a filing to the Bombay Stock Exchange (BSE).

The company's scrip was trading at Rs 355.25 a piece on the BSE during the afternoon trade, up 0.11 per cent from its previous close.