ITC  announced a steady growth in standalone net profit for the quarter ended June 2016.  During the quarter, the profit of the company rose 10.09% to Rs 23,846.70 million from Rs 21,660.90 million  in the same quarter last year.

Revenues for the quarter  rose 8.34% to Rs 132,531.00 million, compared with Rs 122,327 million for the prior year period.

Operating margin for the quarter stood at 26.61 percent  as compared to 26.59 percent for the previous year period.  Operating Income for the quarter was Rs 35,262.30 million, compared with Rs 32522.3 million in the previous year period.

Earnings per share for the quarter stood at Rs 1.96, registering 9.50% growth over previous year period.