Shares of ITC were trading lower in Monday's session, with the stock currently priced at Rs 405.65, a 1% decline from the previous close as of 12:20 pm. Over 38.7 lakh shares were traded in today's session so far.
Financial Performance
ITC's financial performance reveals key insights into its revenue and profitability trends. The following tables provide a detailed overview of the company's consolidated quarterly and annual results.
Quarterly Results
Here's a summary of ITC's consolidated quarterly financial performance:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 18,457.33 Crore
Rs 19,990.36 Crore
Rs 18,790.17 Crore
Rs 18,765.00 Crore
Rs 21,494.79 Crore
Net Profit
Rs 5,169.37 Crore
Rs 5,050.28 Crore
Rs 5,009.08 Crore
Rs 19,709.47 Crore
Rs 5,274.65 Crore
EPS
4.08
3.99
3.95
15.77
4.19
The revenue for the quarter-ending June 2025 stood at Rs 21,494.79 Crore, an increase compared to Rs 18,457.33 Crore in June 2024. The net profit for the quarter-ending June 2025 was Rs 5,274.65 Crore as compared to Rs 5,169.37 Crore in June 2024. The EPS increased to 4.19 in June 2025 from 4.08 in June 2024.
Annual Results
The following table presents ITC's consolidated annual financial performance:
Heading
2021
2022
2023
2024
2025
Revenue
Rs 49,272.78 Crore
Rs 60,668.09 Crore
Rs 70,936.85 Crore
Rs 70,881.00 Crore
Rs 75,323.34 Crore
Net Profit
Rs 13,389.80 Crore
Rs 15,485.65 Crore
Rs 19,427.68 Crore
Rs 20,723.75 Crore
Rs 19,926.05 Crore
EPS
10.70
12.37
15.50
16.42
27.79
BVPS
49.31
50.98
55.95
59.99
55.96
ROE
21.80
24.40
27.75
27.45
49.61
Debt to Equity
0.00
0.00
0.00
0.00
0.00
The annual revenue saw an increase to Rs 75,323.34 Crore in 2025 from Rs 70,881.00 Crore in 2024. However, the net profit decreased to Rs 19,926.05 Crore in 2025, from Rs 20,723.75 Crore in the previous year. The EPS increased to 27.79 in 2025 from 16.42 in 2024.
Income Statement - Yearly
The following table shows the yearly income statement:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 75,323 Crore
Rs 70,881 Crore
Rs 70,936 Crore
Rs 60,668 Crore
Rs 49,272 Crore
Other Income
Rs 2,529 Crore
Rs 2,727 Crore
Rs 1,980 Crore
Rs 1,836 Crore
Rs 2,632 Crore
Total Income
Rs 77,853 Crore
Rs 73,608 Crore
Rs 72,917 Crore
Rs 62,504 Crore
Rs 51,905 Crore
Total Expenditure
Rs 50,991 Crore
Rs 46,450 Crore
Rs 47,008 Crore
Rs 41,742 Crore
Rs 33,915 Crore
EBIT
Rs 26,861 Crore
Rs 27,158 Crore
Rs 25,909 Crore
Rs 20,762 Crore
Rs 17,989 Crore
Interest
Rs 45 Crore
Rs 45 Crore
Rs 43 Crore
Rs 39 Crore
Rs 44 Crore
Tax
Rs 6,890 Crore
Rs 6,388 Crore
Rs 6,438 Crore
Rs 5,237 Crore
Rs 4,555 Crore
Net Profit
Rs 19,926 Crore
Rs 20,723 Crore
Rs 19,427 Crore
Rs 15,485 Crore
Rs 13,389 Crore
The sales for March 2025 was Rs 75,323 Crore compared to Rs 70,881 Crore in March 2024. The other income for March 2025 was Rs 2,529 Crore, while in March 2024, it was Rs 2,727 Crore. The net profit was Rs 19,926 Crore in March 2025 as compared to Rs 20,723 Crore in March 2024.
Income Statement - Quarterly
The following table outlines the quarterly income statement:
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 21,494 Crore
Rs 18,765 Crore
Rs 18,790 Crore
Rs 19,990 Crore
Rs 18,457 Crore
Other Income
Rs 682 Crore
Rs 640 Crore
Rs 595 Crore
Rs 610 Crore
Rs 694 Crore
Total Income
Rs 22,177 Crore
Rs 19,405 Crore
Rs 19,386 Crore
Rs 20,601 Crore
Rs 19,152 Crore
Total Expenditure
Rs 15,101 Crore
Rs 12,656 Crore
Rs 12,844 Crore
Rs 13,854 Crore
Rs 12,210 Crore
EBIT
Rs 7,075 Crore
Rs 21,401 Crore
Rs 6,745 Crore
Rs 6,822 Crore
Rs 6,941 Crore
Interest
Rs 16 Crore
Rs 10 Crore
Rs 9 Crore
Rs 14 Crore
Rs 11 Crore
Tax
Rs 1,784 Crore
Rs 1,680 Crore
Rs 1,726 Crore
Rs 1,757 Crore
Rs 1,761 Crore
Net Profit
Rs 5,274 Crore
Rs 19,709 Crore
Rs 5,009 Crore
Rs 5,050 Crore
Rs 5,169 Crore
Sales for June 2025 stood at Rs 21,494 Crore, compared to Rs 18,765 Crore in March 2025. The other income was Rs 682 Crore in June 2025, slightly higher than Rs 640 Crore in March 2025. Net profit for June 2025 was Rs 5,274 Crore, while it was Rs 19,709 Crore in March 2025.
Cash Flow
The following table represents the cash flow data:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 17,627 Crore
Rs 17,178 Crore
Rs 18,877 Crore
Rs 15,775 Crore
Rs 12,527 Crore
Investing Activities
Rs -395 Crore
Rs 1,562 Crore
Rs -5,732 Crore
Rs -2,238 Crore
Rs 5,682 Crore
Financing Activities
Rs -17,037 Crore
Rs -18,550 Crore
Rs -13,006 Crore
Rs -13,580 Crore
Rs -18,633 Crore
Others
Rs -168 Crore
Rs 0 Crore
Rs 0 Crore
Rs 0 Crore
Rs 56 Crore
Net Cash Flow
Rs 25 Crore
Rs 190 Crore
Rs 139 Crore
Rs -43 Crore
Rs -366 Crore
Cash flow from operating activities for March 2025 was Rs 17,627 Crore, compared to Rs 17,178 Crore for March 2024. Cash flow used in investing activities was Rs -395 Crore for March 2025. Cash flow used in financing activities was Rs -17,037 Crore for March 2025.
Balance Sheet
The following table represents the balance sheet:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 1,251 Crore
Rs 1,248 Crore
Rs 1,242 Crore
Rs 1,232 Crore
Rs 1,230 Crore
Reserves & Surplus
Rs 68,778 Crore
Rs 72,750 Crore
Rs 67,171 Crore
Rs 59,906 Crore
Rs 57,409 Crore
Current Liabilities
Rs 14,334 Crore
Rs 13,690 Crore
Rs 13,739 Crore
Rs 12,163 Crore
Rs 10,689 Crore
Other Liabilities
Rs 3,726 Crore
Rs 4,136 Crore
Rs 3,729 Crore
Rs 3,956 Crore
Rs 4,488 Crore
Total Liabilities
Rs 88,090 Crore
Rs 91,826 Crore
Rs 85,882 Crore
Rs 77,259 Crore
Rs 73,819 Crore
Fixed Assets
Rs 22,148 Crore
Rs 29,901 Crore
Rs 28,074 Crore
Rs 26,677 Crore
Rs 26,530 Crore
Current Assets
Rs 43,893 Crore
Rs 41,065 Crore
Rs 39,670 Crore
Rs 34,232 Crore
Rs 34,991 Crore
Other Assets
Rs 22,048 Crore
Rs 20,859 Crore
Rs 18,137 Crore
Rs 16,349 Crore
Rs 12,297 Crore
Total Assets
Rs 88,090 Crore
Rs 91,826 Crore
Rs 85,882 Crore
Rs 77,259 Crore
Rs 73,819 Crore
Contingent Liabilities
Rs 2,187 Crore
Rs 2,292 Crore
Rs 3,093 Crore
Rs 3,205 Crore
Rs 3,527 Crore
The share capital for March 2025 was Rs 1,251 Crore compared to Rs 1,248 Crore in March 2024. Reserves and surplus were Rs 68,778 Crore in March 2025 as against Rs 72,750 Crore in March 2024. Total assets were Rs 88,090 Crore and total liabilities were Rs 91,826 Crore for March 2025.
Financial Ratios
The following table represents various financial ratios for ITC:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Basic EPS (Rs.)
27.79
16.42
15.50
12.37
10.70
Diluted Eps (Rs.)
27.75
16.38
15.46
12.37
10.70
Book Value /Share (Rs.)
55.96
59.99
55.95
50.98
49.31
Dividend/Share (Rs.)
14.35
13.75
15.50
11.50
10.75
Face Value
1
1
1
1
1
Gross Profit Margin (%)
37.84
40.88
38.97
37.07
39.85
Operating Margin (%)
35.66
38.32
36.42
34.22
36.51
Net Profit Margin (%)
46.38
29.23
27.38
25.52
27.17
Return on Networth / Equity (%)
49.61
27.45
27.75
24.40
21.80
ROCE (%)
36.41
34.76
35.81
31.89
28.49
Return On Assets (%)
39.44
22.27
22.34
19.72
17.82
Current Ratio (X)
3.06
3.00
2.89
2.81
3.27
Quick Ratio (X)
1.96
1.95
2.02
1.91
2.29
Debt to Equity (x)
0.00
0.00
0.00
0.00
0.00
Interest Coverage Ratios (X)
632.67
630.60
639.94
571.51
403.54
Asset Turnover Ratio (%)
0.84
0.80
0.83
0.76
66.74
Inventory Turnover Ratio (X)
1.58
1.66
1.84
1.57
4.69
3 Yr CAGR Sales (%)
11.43
19.94
19.83
12.01
6.49
3 Yr CAGR Net Profit (%)
13.43
24.41
11.65
9.89
7.97
P/E (x)
14.74
26.09
24.74
20.26
20.42
P/B (x)
7.32
7.18
6.89
4.95
4.46
EV/EBITDA (x)
17.86
18.23
17.08
13.55
13.48
P/S (x)
6.81
7.55
6.72
5.09
5.46
ITC's financial ratios provide insights into its profitability, efficiency, and valuation. The P/E ratio as of March 2025 is 14.74, while the P/B ratio is 7.32. The debt-to-equity ratio remains at 0.00, indicating a debt-free status.
Corporate Actions
ITC has announced several corporate actions, including dividend payouts and bonus issues.
Dividends
ITC has a consistent record of dividend payouts. Key dividend announcements include:
Final Dividend (2025): Rs 7.85 per share (785%) announced on May 22, 2025, with an effective date of May 28, 2025.
Interim Dividend (2025): Rs 6.50 per share (650%) announced on February 6, 2025, with an effective date of February 12, 2025.
Final Dividend (2024): Rs 7.50 per share (750%) announced on May 23, 2024, with an effective date of June 4, 2024.
Bonus Issues
ITC has issued bonus shares on multiple occasions:
May 20, 2016: Bonus ratio of 1:2, with an ex-bonus date of July 1, 2016.
June 18, 2010: Bonus ratio of 1:1, with an ex-bonus date of August 3, 2010.
June 17, 2005: Bonus ratio of 1:2, with an ex-bonus date of September 21, 2005.
Stock Splits
ITC executed a stock split on September 21, 2005, where the face value was reduced from Rs 10 to Rs 1.
Announcements
Recent announcements from ITC include:
Allotment of shares under the Employee Stock Option Schemes of the Company on August 19, 2025.
Publication of Notice regarding Re-lodgement of Transfer Requests for Shares of ITC Limited held in Physical Form on August 12, 2025.
Media Statement and Investor Presentation - Q1 FY 2025-26 published on August 1, 2025.
With the stock's last traded price at Rs 405.65, ITC experienced a decline of 1% in today's session and traded over 38.7 lakh shares.
