FMCG major, ITC Ltd, reported an over 12 per cent increased in standalone net profit to Rs 2669 crore for the fourth quarter of last fiscal (Jan-Mar). The company had reported net profit of Rs 2,381 crore in the year-ago-period.

During the quarter under review, total income increased by over 6 per cent to Rs 15,411 crore (Rs 14,510 crore).

All the six major verticals of the company reported profit before tax, with cigarettes accounting for 81 per cent of the total.

Cigarette revenues saw a five per cent year-on-year growth to Rs 8,955 crore for the fourth quarter of FY17. It stood at Rs 8,545 crore in Q4 FY16. Profit before tax for the segment saw a 8 per cent year-on-year rise to Rs 3,259 crore (Rs 3,019 crore).

The FMCG segment – which includes branded packaged foods such as staples, snacks, meals, dairy, beverages and confection; apparel; education and stationery; personal care products; safety matches and agarbattis – reported a Y-oY increase of over 6 per cent in revenues to Rs 2,886 crore (Rs 2,711 crore), and a 30 per cent decline in profit before tax to Rs 55 crore (Rs 79 crore).

The company has also declared a dividend of Rs 4.75 on every equity share of face value Re 1.

The company stock hit a 52-week high of Rs 313.40 after the company declared its results on Friday afternoon.