ITC Q1 results show revenue fell from 20152.00 crores to 19361.78 crores, a 3.92% decrease in growth. EPS rise from ₹3.56 to ₹4.10, up by 15.17%.
First, Let’s Begin with Quarter-on-Quarter Basis:
ITC shared its Q1 results on Monday. They earned 19361.78 crores in revenue this quarter, but that’s less than the 20152.00 crores they made last quarter. Unfortunately, the company’s growth decreased by 3.92 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 5189.61 crores, up from 4472.03 crores in the previous quarter. Their quarter-to-quarter growth increased by 16.05 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹4.10, which is an increase of 15.17% from the ₹3.56 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 19361.78 crores this year (2023), which is 1.56 percent higher/lower than last year’s total revenue of 19667.94 crores.
This year’s PAT (Profit After Tax) is 5189.61 crores, which is also 1.01% lower than last year’s PAT of 5242.59 crores.
The EPS (Earnings Per Share) for this year is ₹4.10, which is 1.20% less than the EPS of ₹4.15 earned last year.
ITC Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About ITC:
Headquartered in Kolkata, ITC Limited is an Indian conglomerate company. With a diverse presence spanning multiple industries including FMCG, hotels, software, packaging, paperboards, specialty papers, and agribusiness, ITC boasts a comprehensive portfolio. The company’s operations are divided into 13 businesses across 5 segments. Furthermore, it extends its global reach by exporting its products to 90 countries.
Download the Full PDF of ITC Q1 Results: Click Here
For more of the Latest News, Click Here