ITC Q4 Results: Net profit falls 1.3% YoY, beats estimates; firm to pay Rs 5.75 dividend
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Last Updated: Jun 01, 2021, 07:52 PM IST
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Synopsis
The company’s board approved a final dividend off Rs. 5.75 per share for the financial year ended March 2021.
The cigarette business had a strong rebound in the quarter as the segment’s revenues grew 14.2 per cent on a year-on-year basis to Rs. 5,859.60 crore.
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MUMBAI:
ITC on Tuesday reported a 1.3 per cent year-on-year decline in net profit to Rs. 3,748.4 crore, which was slightly higher than analysts' expectations.
The company’s revenue from operations jumped 24 per cent on year to Rs. 14,157 crore, sharply higher than Street estimates.