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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.
ITC's Board approved Q4/FY26 financial results and a final dividend of ₹8.00/share, totaling ₹14.50/share for FY26. Subsidiary amalgamations and increased excise duties impact year-on-year revenue and segment comparability. Keep an eye on FMCG-Others segment for adjusted performance.
ITC's wholly-owned subsidiary, Prag Agro Farm Ltd (PAFL), has undergone voluntary liquidation, ceasing operations. PAFL's financial contribution was minimal, with income of ₹0.0962 Cr and net worth of ₹0.8211 Cr, suggesting no material impact on ITC's overall business.
Company update highlights resilient performance with standalone Gross Revenue up 20% to Rs. 20,911 Cr and PAT at Rs. 4,912 Cr. FMCG-Others revenue growth picked up, led by staples, biscuits, and dairy, despite high commodity prices impacting margins. Digital-first & Organic portfolio hit Rs. 1000 Cr ARR. Cigarettes segment saw...
ITC completed its Hotels business demerger, which saw its highest-ever revenue and operating profits in the 9 months. The company strategically expanded its FMCG portfolio via acquisitions of 24 Mantra Organic, Prasuma, and Mother Sparsh. Its Paperboards business acquired Century Pulp and Paper, expected to be EPS-accretive with a 30-40%...
ITC Limited has announced a board meeting to consider the financial results for the quarter and half-year. The Hotels Business has been demerged into ITC Hotels Limited, with adjusted reporting boundaries for FY 2024-25. The company’s turnover stood at ₹73,464.55 Cr, with FMCG accounting for 74.33% of revenue, Agri-Business 16.42%,...