ITC Q4 Results Live : profit falls by 1.06% YOY
ITC Q4 Results Live : Revenue increased by 2.04% YoY & profit decreased by 1.06% YoY
ITC Q4 Results Live : ITC declared their Q4 results on 23 May, 2024. The topline increased by 2.04% & the profit decreased by 1.06% YoY.
Compared to the previous quarter, the revenue declined by 0.2% and the profit decreased by 4.02%.
The Selling, general & administrative expenses declined by 1.79% q-o-q & increased by 7.98% Y-o-Y.
The operating income was up by 2.05% q-o-q & decreased by 1.17% Y-o-Y.
The EPS is ₹4.1 for Q4 which decreased by 0.03% Y-o-Y.
ITC has delivered 2.29% return in the last 1 week, 0.23% return in the last 6 months and -4.49% YTD return.
Currently, ITC has a market cap of ₹551013.2 Cr and 52wk high/low of ₹499.7 & ₹399.35 respectively.
As of 24 May, 2024, out of 35 analysts covering the company, 3 analysts have given Hold rating, 18 analysts have given Buy rating & 14 analysts have given Strong Buy rating.
The consensus recommendation as on 24 May, 2024 was to Strong Buy.
ITC Financials
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 19446.49 | 19484.5 | -0.2% | 19058.29 | +2.04% |
| Selling/ General/ Admin Expenses Total | 1557.95 | 1586.39 | -1.79% | 1442.81 | +7.98% |
| Depreciation/ Amortization | 461.44 | 459.45 | +0.43% | 461.4 | +0.01% |
| Total Operating Expense | 13283.76 | 13445.65 | -1.2% | 12822.82 | +3.59% |
| Operating Income | 6162.73 | 6038.85 | +2.05% | 6235.47 | -1.17% |
| Net Income Before Taxes | 6837.46 | 6688.09 | +2.23% | 6850.54 | -0.19% |
| Net Income | 5120.55 | 5335.23 | -4.02% | 5175.48 | -1.06% |
| Diluted Normalized EPS | 4.1 | 4.26 | -3.81% | 4.1 | -0.03% |
Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.