Diversified conglomerate ITC Ltd on Thursday (October 30) reported a standalone net profit of ₹5,180 crore for the second quarter, up 2% from ₹5,078 crore in the same period last year. Revenue stood at ₹18,021 crore, reflecting a 3.4% decline from ₹18,648 crore in Q2 of the previous year.

EBITDA increased 2.1% year-on-year to ₹6,252 crore from ₹6,123 crore, with the EBITDA margin expanding to 34.7% from 32.8% in the corresponding period last year.

When compared with CNBC-TV18 polls, the company’s net profit of ₹5,180 crore beat the estimated ₹5,062 crore, while revenue of ₹18,021 crore fell short of the poll estimate of ₹19,220 crore. Earnings Per Share for the quarter were ₹4.13, compared with ₹3.98 in the same period last year.

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