October 24, 2011 / 11:13 AM IST
Cigarette major ITC is expected to report a profit after tax of Rs 1,470 crore for the second quarter of FY12, a growth of 17.9% as compared to Rs 1,246.7 crore in the corresponding quarter of last fiscal.
Sales are seen going up by 17.5% to Rs 5,945 crore from Rs 5,061.2 crore year-on-year. Operating profit margin is likely to be at 35.4% in the July-September quarter of FY12 as against 35.35% in same quarter the previous year and 32.66% in previous quarter.
On quarter-on-quarter basis, sales are expected to go up by 3.1% and PAT is likely to jump 10.3%.
Tobacco Division * Cigarette volume growth and margins in focus
* ITC has taken a 10% hike in key brands in Q2
* Price hikes mainly to counter higher VAT rates
* Q2 will show if there
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