ITC Ltd on Friday reported a net profit of Rs 2,230.53 crore during the second quarter of FY’14 against Rs 1,836.42 crore in Q2 of FY’13.

The share capital of the company owing to allotment of fresh shares under employees’ stock option scheme has increased to Rs 792 crore from Rs 790 crore as on March 31, 2013.

The Re 1 ITC stock closed at Rs 340 on the BSE, down 0.74 per cent.

jayanta.mallick@thehindu.co.in