ITC Reports Strong Q3 Results With Dividend Announcement

Quarterly Performance
ITC’s December quarter showcased resilience across its diversified portfolio. Revenue from operations stood at 193.59 billion rupees, supported by strong demand in FMCG, hotels, and paperboards. Net profit of 50.89 billion rupees reflected stable margins despite regulatory costs.

Dividend Declaration
The board announced a dividend of 6.5 rupees per share, reinforcing ITC’s commitment to shareholder value. This payout highlights confidence in the company’s cash flow and long-term growth trajectory.

Impact Of One-Time Charge
The quarter’s results included a one-time charge of 2.74 billion rupees due to compliance with new labor codes. Despite this, ITC maintained profitability, underscoring its operational efficiency and ability to absorb regulatory costs.

Key Highlights

• Revenue from operations at 193.59 billion rupees
• Net profit of 50.89 billion rupees in Q3
• Dividend declared at 6.5 rupees per share
• One-time charge of 2.74 billion rupees on labor codes
• Strong performance across FMCG, hotels, and paperboards

Conclusion
ITC’s Q3 results underline the strength of its diversified business model. With steady revenue, healthy profitability, and shareholder rewards, the company remains well-positioned to navigate regulatory changes while sustaining growth momentum.

Sources: Reuters, Economic Times, Mint