ITC Limited Q4 FY21 Results: Net Profit Declines 1.3% To Rs 3,748 Crore, Board Recommends Dividend

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The company's board recommended a final dividend of Rs 5.75 per ordinary share of Re 1 each for the financial year 2020-21, upon declaration of board members. If declared, the final will be paid on August 13, 2021. ITC's cigarette business reported recovery with the easing of restrictions and improved mobility. Its volumes touched nearly pre-Covid levels towards the end of the year, said the company in its statement.
ITC's earnings before interest, tax, depreciation, and amortization (EBITDA) of the non-cigarette FMCG business grew 19.3 per cent in the fourth quarter of fiscal 2020-21, to Rs 305.98 crore. The company's agriculture business reported strong growth in the March quarter, with its sales surging 78 per cent on yearly basis. 

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