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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 Infotech, a wholly-owned subsidiary, has completed the amalgamation of Blazeclan Technologies and Cloudlytics Technologies. Both step-down subsidiaries are now dissolved, streamlining ITC's overall business structure.
ITC completed the acquisition of Aditya Birla Real Estate's 'Century Pulp and Paper' business. This strategic move expands ITC's presence in the pulp and paper segment, integrating existing assets and operations.
ITC reports 28% Gross Revenue growth, but PAT fell 27% to 3579 Cr. Cigarette segment net revenue dropped 25% due to tax hikes. FMCG-Others PBIT rose 21% (479 Cr), driven by strong snacks & dairy. Paperboards and Fresh Food (300 Cr ARR) also showed robust growth.
ITC's growth momentum continues with Agri Business hitting ₹20,300 Cr revenue and FMCG at ₹24,200 Cr. A ₹20,000 Cr capex plans include acquiring Century Pulp & Paper, boosting capacity by 50%+. New taxes risk fueling illegal cigarette trade.
Gross Revenue rose 10.1% to 80,867 Cr; PAT increased 1%. Total dividend is Rs. 14.50/share. FMCG-Others saw robust 15% Q4 revenue growth, boosted by digital-first brands. Cigarettes adapted to tax changes, while Paper profits gained 21%. Fresh Food GMV doubled to 220 Cr.