lTC Limited Q3 FY23 profit after tax increases by 21% to Rs 5,031cr

lTC Limited has reported a profit after tax (PAT) of INR 5,031 crores for the third quarter of the fiscal year 2023 (Q3 FY23), an increase of 21% compared to INR 4,156.2 crores for the same quarter of the previous fiscal year.

The diluted earnings per share of the Indian conglomerate for the reported quarter were INR 4.05, compared to INR 3.37 for Q3 FY22.

lTC Limited reported a total income of INR 18,137.2 crores for Q3 FY23, an increase of 3% compared to INR 17,616.8 crores in the corresponding quarter of the previous fiscal year.

The group’s total revenue from the fast moving consumer group (FMCG) segment during the reported quarter was INR 12,129.62 crores, compared to INR 10,334.67 crores.

During Q3 FY23, lTC Limited’s hotels contributed INR 712.39 crores (vs INR 473.39 crores), agri business made INR 3,123.77 crores (vs INR 4,962.37 crores), while the paperboards, paper and packaging segment chipped in with revenue of INR 2,305.54 crores (vs INR 2,046.48 crores).