ITC Ltd reported net income for the fourth quarter that met the average analyst estimate. FOURTH QUARTER RESULTS
Net income 37.5 billion rupees, -1.3% y/y, estimate 37.80 billion (Bloomberg Consensus)
Revenue 141.6 billion rupees, +24% y/y, estimate 120.90 billion
Agriculture business revenue 33.7 billion rupees, +78% y/y
Paper business revenue 16.6 billion rupees, +14% y/y
FMCG Revenue Excluding Cigarettes 36.9 billion rupees, +16% y/y
Cigarette sales 58.6 billion rupees, +14% y/y, estimate 58.12 billion
Total costs 100.8 billion rupees, +32% y/y
Other income 7.72 billion rupees, +2.1% y/y
Raw material costs 35.8 billion rupees
Dividend per share 5.75 rupees
Net income 37.5 billion rupees, -1.3% y/y, estimate 37.80 billion (Bloomberg Consensus)
Revenue 141.6 billion rupees, +24% y/y, estimate 120.90 billion
Agriculture business revenue 33.7 billion rupees, +78% y/y
Paper business revenue 16.6 billion rupees, +14% y/y
FMCG Revenue Excluding Cigarettes 36.9 billion rupees, +16% y/y
Cigarette sales 58.6 billion rupees, +14% y/y, estimate 58.12 billion
Total costs 100.8 billion rupees, +32% y/y
Other income 7.72 billion rupees, +2.1% y/y
Raw material costs 35.8 billion rupees
Dividend per share 5.75 rupees
ITC:
Q4 CONS NET PROFIT 37.55B RUPEES VS 38.56B (YOY); EST 36B | 35.3B (QOQ)
Q4 REVENUE 154.04B RUPEES VS 125.61B (YOY)
CO RECOMMENDED FINAL DIVIDEND OF 5.75 RUPEES PER SHARE
Q4 EBITDA 48.71B RUPEES VS 47.84B (QOQ)
Q4 EBITDA MARGIN 31.62% VS 33.87% (QOQ)
ITC - Segment wise growth
FMCG grows 14% growth QoQ
FMCG grows 4% growth YoY
Cigarette QoQ 13% growth
Cigarette YoY 7% growth
Pure FMCG only QoQ 16% growth
Pure FMCG only YoY 2% degrowth
Hotels QoQ 64% degrowth
Hotels YoY 22% growth
Agri QoQ 78% growth
Agri YoY 26% growth
Papaer, paper board, packaging
QoQ 13.5% growth
YoY 12 % growth
Q4 CONS NET PROFIT 37.55B RUPEES VS 38.56B (YOY); EST 36B | 35.3B (QOQ)
Q4 REVENUE 154.04B RUPEES VS 125.61B (YOY)
CO RECOMMENDED FINAL DIVIDEND OF 5.75 RUPEES PER SHARE
Q4 EBITDA 48.71B RUPEES VS 47.84B (QOQ)
Q4 EBITDA MARGIN 31.62% VS 33.87% (QOQ)
ITC - Segment wise growth
FMCG grows 14% growth QoQ
FMCG grows 4% growth YoY
Cigarette QoQ 13% growth
Cigarette YoY 7% growth
Pure FMCG only QoQ 16% growth
Pure FMCG only YoY 2% degrowth
Hotels QoQ 64% degrowth
Hotels YoY 22% growth
Agri QoQ 78% growth
Agri YoY 26% growth
Papaer, paper board, packaging
QoQ 13.5% growth
YoY 12 % growth