ITC announced their Q4 results on May 23, 2024. The company’s revenue increased by 2.04%, but profit fell by 1.06% compared to the same quarter last year.
From the previous quarter, revenue decreased by 0.2% and profit dropped by 4.02%. Selling, general, and administrative expenses went down by 1.79% quarter-over-quarter but rose by 7.98% year-over-year. Operating income increased by 2.05% from the last quarter but decreased by 1.17% compared to the previous year.
Earnings per share (EPS) for Q4 are ₹4.1, a slight decrease of 0.03% year-over-year. ITC delivered a return of 2.29% in the last week, 0.23% in the last six months, and a year-to-date return of -4.49%. Currently, ITC has a market cap of ₹551,013.2 crore, with a 52-week high of ₹499.7 and a low of ₹399.35.
As of May 24, 2024, 35 analysts are covering ITC. Among them, 3 recommend holding, 18 recommend buying, and 14 recommend strong buying.
The consensus recommendation is a strong buy.
ITC Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 (Previous Year) | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | ₹19,446.49 Cr | ₹19,484.5 Cr | -0.2% | ₹19,058.29 Cr | +2.04% |
| Selling/General/Admin Expenses | ₹1,557.95 Cr | ₹1,586.39 Cr | -1.79% | ₹1,442.81 Cr | +7.98% |
| Depreciation/Amortization | ₹461.44 Cr | ₹459.45 Cr | +0.43% | ₹461.4 Cr | +0.01% |
| Total Operating Expense | ₹13,283.76 Cr | ₹13,445.65 Cr | -1.2% | ₹12,822.82 Cr | +3.59% |
| Operating Income | ₹6,162.73 Cr | ₹6,038.85 Cr | +2.05% | ₹6,235.47 Cr | -1.17% |
| Net Income Before Taxes | ₹6,837.46 Cr | ₹6,688.09 Cr | +2.23% | ₹6,850.54 Cr | -0.19% |
| Net Income | ₹5,120.55 Cr | ₹5,335.23 Cr | -4.02% | ₹5,175.48 Cr | -1.06% |
| Diluted Normalized EPS | ₹4.1 | ₹4.26 | -3.81% | ₹4.1 | -0.03% |
FAQs
Q: What is the Q4 profit according to the company?
A: ₹5,120.55 crore
Q: What is the Q4 revenue?
A: ₹19,446.49 crore
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