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ITC Ltd has reported a consolidated net profit of Rs 3,816. 84 crore for the fourth quarter ended March 2021. The cigarette-FMCG-to-hotel major had posted a net profit of Rs 3,926.46 crore during the January-March quarter of the previous fiscal, ITC said in a regulatory filing. Its revenue from oper ....
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. ....
ITC Q4 Results: Net profit falls 1.3% YoY, beats estimates; firm to pay Rs 5.75 dividend SECTIONS Last Updated: Jun 01, 2021, 07:52 PM IST Share 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. Related NSE 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. ....