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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!