Indian multinational conglomerate ITC Limited has reported a significant surge in net profit for the first quarter of the fiscal year 2023-24 (Q1FY24). The company’s net profit soared by 17.58% to reach Rs 4,903 crore during this period. This growth was attributed to increased revenue across its various business segments. ITC’s total income also rose to Rs 15,122 crore in Q1FY24, showing a growth of 12.81%. The conglomerate has a diverse portfolio, including businesses in sectors like FMCG (Fast-Moving Consumer Goods), hospitality, agriculture, and more. The strong financial performance suggests positive momentum for the company in the current fiscal year.