Shares of ITC surged by over 5.5% to end at Rs230 after posting impressive quarterly numbers. The company posted a profit after tax of Rs8.78bn for the quarter ended June 30, 2009 as compared to Rs7.48bn for the quarter ended June 30, 2008. Thereby posting a rise of 17% YoY. Total income increased from Rs40.14bn for the quarter ended June 30, 2008 to Rs42.20bn for the quarter ended June 30, 2009.
