Diversified entity ITC Ltd on Thursday reported a decline of 7.27 per cent in consolidated net profit to ₹5,013.16 crore for the December quarter.

The company had posted a consolidated net profit of ₹5,406.52 crore in the year-ago period, ITC said in a regulatory filing.

ITC’s revenue from operations was up 9.05 per cent to ₹20,349.96 crore in the December quarter from ₹18,660.37 crore in the last fiscal year.

The total expenses were 12.18 per cent higher in the December quarter to ₹14,413.66 crore.

The total income of ITC, which includes other income, rose 8.47 per cent to ₹20,945.82 crore. It was ₹19,308.85 crore a year ago.

Shares of ITC Ltd on Thursday settled at ₹441.40 apiece on the BSE, down 1.53 per cent from its previous close.