ITC Earnings Reaction

June 1 2021
ITC Q4 profit falls 1.3% to Rs 3,748.4 crore, revenue growth at 22.6% beats estimates Cigarette business, which contributed 41 percent to total business, clocked 14.2 percent YoY growth in Q4FY21 at Rs 5,859.6 crore and its EBIT (earnings before interest and tax) grew by 7.7 percent to Rs 3,666.49 crore during the March quarter. Current Price = 215.90 INR Declares dividend of Rs.5.75