Business Friday, May 23, 2008

ITC fourth quarter profit up by 13 percent

From correspondents in West Bengal, India, 11:01 PM IST

ITC registered a profit of nearly 13 percent as its profit after tax (PAT) rose to Rs.7.35 billion for the quarter ended March 31, the company said Friday.

Total income has increased from Rs.34.74 billion for the quarter ended March 31, 2007 to Rs.40.98 billion for same period in 2008.

The company has has posted a consolidated net profit of Rs.31.57 billion for the year 2008 compared to Rs.27.55 billion last year.

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