ITC Q4 FY 2021 Result
ITC has come up with q4 result for FY 2021,it has reported 1.6% Fall in profit to Rs.3748.4 crore for q4 FY2021 on YoY basis. Whereas revenue growth is 22.6%, much higher than market expectations .
Dividend Announcement by ITC
ITC has also announced final dividend of 5.75 Rs / Share. 11th June 2021 is the Record date for final dividend payout.
Link to download q4 FY2021 result:- https://www.bseindia.com/xml-data/corpfiling/AttachLive/bbe32ffb-bd8b-4297-b24d-acf56033a6b0.pdf
Link to download dividend letter:- https://www.bseindia.com/xml-data/corpfiling/AttachLive/25be403e-e6f7-4b69-af56-2f707801d111.pdf
Q4 Result Synopsis
|
CONSOLIDATED |
Amount in Crore Except per Share Data |
||||
|
|
Quarter Ended |
Year Ended |
|||
|
|
31.03.2021 |
31.12.2021 |
31.03.2020 |
31.03.2021 |
31.03.2020 |
|
Total Income |
15983.86 |
14670.17 |
13228.40 |
55787.68 |
53991.36 |
|
Total Expenses |
10944.64 |
9765.56 |
8484.93 |
37842.59 |
33832.90 |
|
Profit |
3775.44 |
3687.88 |
3797.08 |
13277.89 |
13754.24 |
|
Earnings Per Share |
3.05 |
2.87 |
3.14 |
10.70 |
12.47 |
Result Analysis
ITC has come up with excellent result with 22% jump in revenue front, if u goes through the detailed Result you will find that FMCG and Agribusiness has shown very good growth. Profit before tax is up as compared to last year quarter result but due to higher Tax, Profit is marginally lower than last year profit for the same quarter.
Businesses across the globe have got impact due to COVID19. ITC is also not an exception. ITC management is trying hard to achieve revenue and profit of their pre COVID era.
ITC’s cigarette, FMCG, paper and Agribusiness has shown good jump in revenue, Hotel Business is still lagging behind due to COVID. In coming quarters Hotel business may also perform and it will improve EPS of company.
Please comment about your views on ITC Result. Is it worth for long term Investment?
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