ITC Q4 results
ITC Q4 Results: Adjusted PAT rises 3% YoY to Rs 5,155 crore; Rs 7.85 per share dividend declared for FY25
ITC Q4 Results: Diversified conglomerate ITC Ltd reported multifold growth in its consolidated net profit to Rs 19,727 crore mainly due to the exceptional item. The profit in the year-ago period stood at Rs 5,121 crore. The profit from the continuing operations rose marginally by 3% YoY to Rs 5,155 crore.
ITC shares jump 2% after Q4 adjusted PAT rises 3% YoY to Rs 5,155 crore
ITC’s Q4 adjusted PAT rose 3% YoY to Rs 5,155 crore, driven by strong performance in the FMCG-Cigarettes and Agri Business segments. Revenue grew 10% to Rs 20,376 crore. However, some segments like FMCG-Others and Paperboards saw profit declines. The headline profit surged due to exceptional gains, keeping ITC shares in focus.
ITC Q4 Preview: Profit may fall 1% YoY; Cigarettes, agri to drive revenue growth
ITC is expected to report modest 2% YoY revenue growth in Q4, led by strong performance in cigarettes and agri segments. Profit may dip 1%, with margin pressure across FMCG and paperboard segments. Easing tobacco prices and robust agri revenue could support future recovery, despite weak demand in non-core areas.
Q4 results today: ITC, Sun Pharma among 165 companies to announce earnings on Thursday
ITC is anticipated to reveal moderate revenue growth, driven by cigarettes and agri businesses, while Sun Pharma is expected to showcase high single-digit bottom-line growth, fueled by strong domestic performance. Revenue growth for Sun Pharma is expected to be 9% year-on-year, while ITC's revenue is expected to rise 2% year-on-year. Analysts anticipate $500 million in US sales for Sun Pharma.
ITC Q4 profit rises marginally, revenue beats estimates
ITC Ltd reported a 0.8% YoY rise in Q4FY25 standalone profit from continuing operations at ₹4,874.71 crore, with revenue rising 9.4% to ₹18,494.06 crore. The full-year profit stood at ₹20,091.85 crore, while total PAT, including discontinued hotel operations and exceptional items, reached ₹35,196 crore. The company expects improved demand driven by rural recovery, fiscal support, and policy measures.
ITC announces final dividend of Rs 7.85 per share for FY25; check record date
ITC Ltd declared a final dividend of ₹7.85 per share, bringing the FY25 total to ₹14.35. Its consolidated net profit surged to ₹19,727 crore, driven by an exceptional item, while Q4 revenue rose 10% YoY, led by strong cigarette segment performance.
ITC Q4 Results: Profit rises 11.8% YoY to Rs 4,191 crore; revenue grows 16%
The results, announced after market hours, exceeded street expectations for both revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA). In fact, the ITC scrip gained 0.72% to close at Rs 266.5 on the Bombay Stock Exchange on Wednesday, when the Sensex closed at a decline of 0.2%.
ITC Q4 Results: Profit surges 23% YoY to Rs 5,175 crore; revenue rises 7%
ITC Ltd's consolidated net profit stood at Rs 4,196 crore a year ago. The Board has recommended a final dividend of Rs 6.75 and special dividend of Rs 2.75 per equity share.
ITC Q4 Results: Profit rises 12% YoY to Rs 4,191 cr, beats estimates
The profit figure came in higher than an ET Now poll projection of Rs 4,118 crore.
ITC Q4 results today: What to expect & how the Nifty topper stock may react
The ITC stock is expected to report strong growth in both net profit and volume in the March quarter. Investors are cautious over the company's weaker performing agri business due to the export ban.
ITC Q4 Preview: PAT seen rising 17% YoY; cigarette biz to show strong growth
ITC is expected to report steady revenues in the March quarter, lifted by strong growth in the cigarettes business. The company's revenues are seen rising 3-6% for the quarter ended March, according to an average estimate of five brokerages. Net profit for the quarter is likely to rise up to 17% to Rs 4,911 crore. While cigarette business is expected to put up a strong show, hotels business will likely benefit from the pent-up demand from Covid and price hikes.
ITC Q4 results today: What to expect & how the Nifty topper stock may react
The ITC stock is expected to report strong growth in net profit and 13% YoY volume growth in cigarettes, but investors are cautious over the company's weaker performing agri business due to the export ban.
ITC Q4 Results: Profit falls marginally to Rs 5,120 crore, misses estimates
ITC Q4 Results: Revenue from operations rose 2% year-on-year (YoY) to Rs 19,446 crore in the January-March 2024 period, compared with Rs 19,058 crore in the corresponding period of last year. The Board has also recommended a final dividend of Rs 7.50/share for the financial year ended March.
ITC can be more than a puff of hope if FMCG, agri light up
ITC's revenues rise across businesses on low base effect, but Covid poses near-term challenges. The stock is likely to be under pressure in the absence of a trigger even as growth potential remains strong.
ITC Q4 net up 25% at Rs 1,281 crore
Analysts said the company's mainstay cigarette sales dipped 2%in volume term in the quarter, but they expect it to pick up in the current quarter because of a lower base in the year-ago period.
ITC Q4 Results: Net profit drops marginally to Rs 5,020 crore
Revenue from operations went up by 1.4% at Rs 17,752.87 crore in the period under review. The company said excluding the agri-business (which was severely impacted due to government restrictions in trade of agri-commodities), the company’s gross revenue during the fourth quarter has gone up by 6% y-o-y.
ITC Q4 profit rises 19% YoY to Rs 3,482 crore, but margins disappoint
ITC today also named its managing director Sanjiv Puri as chairman effective immediately.
ITC shares cross Rs 400 mark for first time, becomes top Nifty gainer in 1 year
Brokerage firm Sharekhan has a ‘buy’ rating on ITC with a target price of Rs 450. As per Trendlyne data, the average target price of the stock is Rs 434 per share, which shows an upside potential of 8.5% from the current market prices
HSBC downgrades ITC to ‘neutral’ post Q4 results
HSBC has downgraded ITC from ‘overweight’ to ‘neutral’ rating but has marginally upped price target from Rs 358 earlier to Rs 365.
ITC Q4 preview: Net profit may fall 2% YoY, operating margin likely to shrink
The company’s net sales in the reporting quarter may see a growth of 12.2 per cent on-year to Rs 12,169.7 crore aided by the low base of the year-ago quarter. Analysts also expect the company’s cigarette volumes to rise 2-9 per cent in the quarter.
ITC announces Rs 9.50 per share dividend; sets May 30 as record date
ITC has announced a final dividend of Rs 6.75 per share and a special dividend of Rs 2.75 per share for the financial year ended March 31, 2023.
ITC to announce Q4 results and dividend on May 18
ITC will declare its Q4 earnings on May 18th, along with the final dividend for FY22. The firm has already acquired over 39% of share capital in Sproutlife Foods Private Limited for Rs 175 crore. In Q3 FY23, the company posted a 21% YoY increase in net profit to Rs 5,031 crore. The target price for ITC is Rs 435 per share, and out of 32 analysts covering the stock, 30 have given strong buy and buy ratings. Recently, ITC has surpassed Infosys to become the sixth-largest company by market cap.
ITC Q4 Results: Net profit falls 1.3% YoY, beats estimates; firm to pay Rs 5.75 dividend
The company’s board approved a final dividend off Rs. 5.75 per share for the financial year ended March 2021.
ITC reports 10% YoY rise in Q4 profit at Rs 2,933 crore, announces Rs 5.15 dividend
The firm had posted a net profit of Rs 2,669.47 crore in the corresponding quarter last year.
ITC Q4 profit beats Street estimates; key takeaways
Analysts in an ET NOW poll had projected a profit of Rs 3,201 crore.
ITC Q4 Preview: Revenue to grow around 3% YoY; margins to contract
Brokerage firms expect that ITC will announce subdued revenue growth for the fourth quarter when it declares its results on May 23. Based on projections from different brokerages, it's anticipated that profits will see a modest 3% year-on-year increase, with the hotels segment expected to perform strongly. In the previous December quarter, ITC recorded a 6% rise in consolidated net profit, amounting to Rs 5,335 crore.
ITC Q4 results: Double-digit rise in profit, 6-7% growth in volume likely
"Restructuring in retail business will have an impact on FMCG growth."
Can ITC stock’s dream run continue after Q4 results? What brokerages say
ITC, a diversified conglomerate, reported better than estimated January to March quarter results. Top brokerages maintained their bullish recommendations on the stock. ITC's consolidated net profit rose 23% year-on-year to Rs 5,175 crore for the March quarter on Thursday. The same stood at Rs 4,196 crore a year ago. The revenue from operations during the reporting quarter surged 7% to Rs 19,058 crore as against Rs 17,754 crore in the year-ago
ITC to seek shareholder approval on June 6 for hotels biz demerger
As part of the demerger, which will unlock value for its 36 lakh shareholders and also improve the capital allocation of the parent company, ITC will own 40% of ITC Hotels. The remaining 60% will be owned by ITC shareholders in proportion to their ownership in the parent entity.
LIC earns Rs 2,940 crore as dividend income from ITC
State-run Life Insurance Corporation of India (LIC) has invested in Nifty stock ITC and has reaped a rich dividend of around Rs 2,940 crore in FY23. ITC is LIC's second largest bet and comprises around 15% of its Rs 10 lakh crore stock portfolio. The PSU insurer holds over 189.68 crore equity shares (15.27%) in ITC according to latest public shareholding data available on the BSE.
ITC announces final dividend of Rs 7.50 per share. Check record date
ITC board declares a final dividend of Rs 7.5 per share alongside Q4 profit of Rs 5,120 crore, missing estimates. Total dividend for FY24 set at Rs 13.75 per share. Revenue up 2% YoY. Stock shows strong technical performance.
Q3 results today: ITC, SBI, Airtel among 174 companies to announce earnings on Thursday
174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely to see a slight revenue growth but a profit decline. Airtel's net profit may see a significant rise, boosted by Indus Towers consolidation. SBI expects steady growth driven by robust loan performance.
ITC Q3 results: Profit jumps 29% to Rs 4,142 crore, beats Street estimates
ITC also said the tax expenses for the quarter included a credit of Rs 340 crore.
ITC Q1 Results: Standalone PAT rises marginally to Rs 4,917 crore, misses estimates
ITC reported a slight increase in its standalone net profit for the quarter ending June 30, 2024, reaching Rs 4,917.45 crore, up from Rs 4,902.74 crore a year earlier. However, this figure was below analysts' expectations of Rs 5,122 crore.
4 MFs cut stake in ITC in April even as stock surged. What should investors do?
Four domestic fund houses have reduced their exposure to ITC, one of the top holdings of many mutual funds, in April, despite the stock hitting all-time highs. Nippon India MF sold a stake worth INR157cr ($21m) in the FMCG conglomerate, while ICICI Pru MF has offloaded stocks worth INR426cr. SBI Mutual Fund and Tata Mutual Fund sold shares worth INR376cr and INR118cr, while only Sundaram Fasteners MF has added a stake worth INR43cr. Overall, mutual funds combined have decreased their holdings in ITC by 6.1 million shares.
ITC Q4 results disappoint; PAT up 3.5% at Rs 2360 cr; stock likely to react negatively on Monday
ITC has reported a disappointed set of numbers for quarter ended March 2015. The stock is likely to open with a gap-down on Monday.
ITC Q4 results preview: Net profit may see tax cut boost; revenues hurt by Covid-19 impact
ITC is scheduled to report its earnings on Friday.
ITC Q1 Results: Profit rises 18% YoY to Rs 4,903 crore, beats estimates
Operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 10% YoY to Rs 5,083 crore in the quarter. Operating margin expanded sharply by 541 basis points to 32.11%.
ITC Q2 Results: Profit rises 10% YoY to Rs 4,927 crore; beats estimates
ITC's revenue from operations for the quarter ended September, excluding excise duty, increased 2.6% YoY to Rs 16,550 crore. Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), rose a mere 1% YoY Rs 4,886.54 crore. Operating margin shrank 44 basis points on year to 29.53%. Cigarette business revenue grew 10% on year in the quarter to Rs 7,658 crore.
ITC Q2 Results: Profit rises 21% YoY to Rs 4,466 crore, beats estimates
Revenue from the mainstay cigarette business grew more than 23% on year to Rs 6,953.80 crore. Cigarettes constitute more than 80% of ITC’s net profit and about 45% of its topline. The hotel business saw a sharp recovery on the resumption of business and leisure travel. This segment’s revenue rose by a whopping 82% on year to Rs 536 crore.
ITC Q1 Results: Profit jumps 38% YoY to Rs 4,169 crore, beats estimates
The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll.
ITC share price targets go well beyond Rs 500 after Q4 results. Should you buy, sell or hold?
ITC's Q4 results disappoint investors, shares drop nearly 1% to Rs 437.85. Brokerages raise target prices up to Rs 540. Citi sets target at Rs 515, warns of regulatory impact. Morgan Stanley targets Rs 506, CLSA at Rs 470. Motilal Oswal sees defensive potential, Kotak trims EPS, targets Rs 465. JM Financial holds highest target of Rs 540, emphasizes on cigarette volume growth and capital allocation strategy for rerating.
Should you buy ITC and SBI post Q4 numbers when brokerages have slashed target prices?
Both SBI and ITC are blue chip names and investors should use every dip to accumulate the stocks from a longer-term perspective.
ITC Q4 results: Standalone net profit rises 9% to Rs 3,797 crore; announces Rs 10.15 dividend
An ET Now poll had pegged the March quarter net profit at Rs 3,739.3 crore.
ITC Q2 Results: Profit rises 2% YoY to Rs 4,993 crore, revenue jumps 16%
ITC Q2 Results: Revenue from operations grew 15% YoY to Rs 22,282 crore in the reporting period. Profit fell slightly short of ET Now Poll estimates of Rs 5,079 crore, while revenue exceeded expectations. The cigarette-to-hotels conglomerate posted an EBITDA of Rs 6,335 crore for the July-September 2024 quarter, with margins at 32.8%.
ITC Q2 Results: Company reports PAT at Rs 4,993 cr, revenue at Rs 22,282 cr
The short-term trend of the Nifty remains negative. But the present pattern formation is signaling a possibility of an upside bounce from here or from slightly lower levels. A sustainable move above 24,600-24,700 levels could confirm the quantum of upside bounce in the market. However, a slide below 24300 could trigger more weakness in the near term, said Nagaraj Shetti of HDFC Securities. In the open interest (OI) data, the highest OI on the call side was observed at 24,450 and 24,500 strike prices, while on the put side, the highest OI was at 24,400 strike price followed by 24,350.
ITC Q3 Results: Cons PAT falls 7% YoY to Rs 4,935 cr but revenue rises 8%
ITC Q3 Results: The board has proposed an interim dividend of Rs 6.5 per share for the financial year ending March 2025. Despite subdued demand and rising input costs, the company delivered a resilient performance. Its EBITDA grew 3% YoY in Q3, with a 5% YoY rise excluding the paper segment. The hotels business saw strong growth, with revenue reaching Rs 922 crore, up 15% YoY. Profit before tax surged 43% YoY to Rs 302 crore.
Q4 results today: ITC, IndiGo among 181 companies to announce earnings on Thursday
181 companies, including IndiGo and ITC, will announce their quarterly earnings for Jan-Mar 2024. IndiGo is expected to post healthy earnings, while ITC may see muted revenue growth.
ITC Q3 results: Profit rises 13% YoY to Rs 4,156 cr; dividend declared at Rs 5.25
Revenue from sale of products came in at Rs 16,633.86 crore, up 31.25 per cent against Rs 12,673.31 crore in the corresponding quarter last year.
RailTel Q1 Results: PAT jumps 27% YoY to Rs 49 crore, revenue rises 19%
RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from operations also rose by 19%, totaling Rs 558.11 crore, up from Rs 467.61 crore in the previous year's quarter.
ITC to announce Q2 results today: Watch out for these 3 key factors
Investors should watch out for the outlook on revenue growth in FMCG, hotels and paper businesses as economic activities return to normal levels. Analysts said the healthy double-digit revenue growth in FMCG business would be led by a recovery in the stationery business and price increases.
Q3 results today: ITC, Bajaj Finance among 88 companies to announce earnings on Monday
ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a steady volume growth in both cigarettes and non-cigarette FMCG business, as well as strong traction in the hotel segment. However, the agri and paper and paperboards businesses may have been sluggish, restraining overall revenue growth. Analysts estimate a nearly 5% YoY growth in revenue to Rs 17,016 crore, a 2.5% YoY increase in EBITDA to Rs 6,378 crore, and a 2% growth in profit to Rs 5,137 crore.
Q2 results today: ITC, Adani Wilmar among 114 companies to announce earnings on Thursday
Today, 114 companies, including ITC, IndusInd Bank, and Godrej Consumer, will announce their second-quarter earnings for July-September 2024. ITC is expected to see modest growth in revenue and profit, while IndusInd Bank may see a slight dip in net profit despite some growth in net interest income.
Change in leadership, ESOP among top 5 takeaways from ITC Q3 results
ITC reported 5.7 per cent year-on-year (YoY) growth in the net profit to Rs 2,646.73 crore for the quarter ended December 2016 which was higher than ET Now estimates of Rs 2,550 crore.
ITC Q3 Results FY25 Live Updates: PAT declines 7% to Rs 4,935 crore, revenue at Rs 20,350 cr; Rs 6.5/share dividend declared
ITC Q3 Results 2025: Diversified conglomerate ITC is expected to report high-single-digit growth in third-quarter revenues, while the bottomline is likely to decline due to higher other income and a lower tax rate in the comparative year. Revenue from operations is projected to rise by 8% year-on-year (YoY), according to the average estimate of five brokerages.
Light up your portfolio with ITC; stock can rally up to 16% in a year
ITC has been on a roll so far in 2016, outperforming Sensex by a wide margin in anticipation of an uptick in the cigarette business to drive volume growth.
What changed your markets while you were sleeping
Let's check out what all might matter to Dalal Street during the day.
Expect RBI to increase repo rate by 25 bps: Manishi Raychaudhuri, BNP Paribas Securities
'There is a possibility that the direction of earning estimates may actually begin to drift down going forward,' says Manishi Raychaudhuri
