Promoted
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.