Shares of fast-paced shopper items (FMCG) main ITC climbed almost 1.8 per cent within the early offers on Friday after the corporate reported a 15 per cent rise in its consolidated web revenue to Rs 4,118.8 crore for the third quarter ended December (Q3).
The inventory climbed 1.79 per cent to Rs 238.50 apiece on the BSE whereas on the National Stock Exchange (NSE) it rose 1.73 per cent to Rs 238.50 per share. However, the scrip quickly gave up on its early beneficial properties and slipped within the crimson slipping over 1 per cent to Rs 231.60 on BSE and Rs 231.55 on NSE.
At 11:15 am, the ITC inventory was buying and selling at Rs 234.40 on the BSE, up 0.04 per cent whereas on NSE it was at Rs 234.65, up 0.09 per cent.
Over 3.88 crore shares of the corporate have been traded on NSE whereas over 10.51 lakh shares had exchanged arms throughout the counter on the BSE.
On Thursday after market hours, ITC reported a 15 per cent soar in consolidated web revenue to Rs 4,118.8 crore for Q3, on the again of sturdy demand throughout enterprise verticals. The firm had posted a consolidated web revenue of Rs 3,587.2 crore within the corresponding interval final yr, in stated in an change submitting.
The consolidated whole revenue stood at Rs 18,787.72 crore as towards Rs 14,670.17 crore within the year-ago quarter. Total bills have been greater at Rs 13,207.28 crore as in contrast with Rs 9,765.56 crore within the corresponding interval final fiscal, ITC stated.
It additionally knowledgeable that its board has accredited an interim dividend of Rs 5.25 per bizarre share of Re 1 every for the monetary yr ending on March (FY22).