Established in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Financial Results:
- ITC Ltd reported Revenues for Q1FY24 of ₹17,164.00 Crores down from ₹18,489.00 Crore year on year, a fall of 7.17%.
- Total Expenses for Q1FY24 of ₹10,946.00 Crores down from ₹12,859.00 Crores year on year, a fall of 14.88%.
- Consolidated Net Profit of ₹5,190.00 Crores up 16.06% from ₹4,472.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹4.10, up 15.17% from ₹3.56 in the same quarter of the previous year.