ITC has announced a final payout of Rs 8 per share for FY26, taking its total distribution since 2020 to ...More

ITC has announced a final payout of Rs 8 per share for FY26, taking its total distribution since 2020 to Rs 90.5 per share. The FMCG giant has issued 32 payouts since 2001 and currently offers a 4.71% yield, with the latest payout subject to AGM approval. ...Less

ITC has set May 27 as the record date for its final dividend of Rs 8 per equity share for FY26, making to ...More

ITC has set May 27 as the record date for its final dividend of Rs 8 per equity share for FY26, making today the last chance for investors to buy shares for eligibility. This marks the largest dividend in nearly six years, with the total payout for FY26 reaching Rs 14.50 per share. ...Less

Excerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set ...More

Excerpt: ITC Limited’s board has recommended a final dividend of Rs 8 per share for FY26, with May 27 set as the record date. Alongside an interim payout, total dividend stands at Rs 14.50 per share. The FMCG major also reported a 5% rise in Q4 net profit and 17% revenue growth. ...Less

ITC Q1 Results: FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the ...More

ITC Q1 Results: FMCG major ITC reported a 3% year-on-year increase in its consolidated net profit for the June quarter at Rs 5,244 crore on Friday, compared to Rs 5,092 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. ...Less

The higher growth in the profit despite a muted topline is primarily due to ITC’s higher dependence on th ...More

The higher growth in the profit despite a muted topline is primarily due to ITC’s higher dependence on the cigarette business. Despite a scale-up in the FMCG business, cigarettes constitute close to 70% of ITC’s profit and about 45% of its revenue. ...Less

Operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), ...More

Operating profit, calculated as earnings before interest, taxes, depreciation, and amortisation (EBITDA), rose 10% YoY to Rs 5,083 crore in the quarter. Operating margin expanded sharply by 541 basis points to 32.11%. ...Less

The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll. ...More

The number beat the Rs 3,985 crore profit figure analysts anticipated in an ET NOW poll. ...Less

Ebitda is seen at Rs 5,089 crore, up 27.5 per cent over Rs 3,991 crore in the corresponding quarter last ...More

Ebitda is seen at Rs 5,089 crore, up 27.5 per cent over Rs 3,991 crore in the corresponding quarter last year. Cigarette volume growth is seen at 21 per cent, aided by improved mobility levels. Ebitda margin is seen expanding owing to an improved sales mix. ...Less

ICICI Securities sees the company’s cigarette segment to see a revenue growth of 0.6 per cent YoY. ...More

ICICI Securities sees the company’s cigarette segment to see a revenue growth of 0.6 per cent YoY. ...Less

The firm's cigarette revenue came in at Rs 8,777 crore against Rs 8,230.6 crore last year. ...More

The firm's cigarette revenue came in at Rs 8,777 crore against Rs 8,230.6 crore last year. ...Less

Consolidated revenue from operations came at Rs 10,874.59 crore in Q1FY19. ...More

Consolidated revenue from operations came at Rs 10,874.59 crore in Q1FY19. ...Less

Sales of the cigarette segment increased to Rs 5,433.40 crore from Rs 5,127.59 crore. ...More

Sales of the cigarette segment increased to Rs 5,433.40 crore from Rs 5,127.59 crore. ...Less

The agri business revenue went up by 20.1% at Rs 2794.08 crore which the company said was driven by wheat ...More

The agri business revenue went up by 20.1% at Rs 2794.08 crore which the company said was driven by wheat sales in domestic market and leaf tobacco exports. ...Less

ITC Q2 Preview: Diversified conglomerate ITC is expected to post mid-single-digit revenue growth in the S ...More

ITC Q2 Preview: Diversified conglomerate ITC is expected to post mid-single-digit revenue growth in the September quarter due to subdued performance in papers and agri businesses. Revenue for the quarter is seen growing 4%, according to an average estimate of five brokerages. Net profit, meanwhile, is likely to rise by 8%. ...Less

ITC’s net profit for the quarter ended June 2013 increased to Rs 1,891 cr, as compared to a net profit of ...More

ITC’s net profit for the quarter ended June 2013 increased to Rs 1,891 cr, as compared to a net profit of Rs 1,602 cr last fiscal. ...Less

ITC shares gained 1.5% to hit the day's high of Rs 456 on the NSE and were top gainers in the Nifty pack ...More

ITC shares gained 1.5% to hit the day's high of Rs 456 on the NSE and were top gainers in the Nifty pack despite a negative trade by the frontline indices Nifty50 and BSE Sensex which were down 0.5% in the opening trade. ...Less

TCS Share Price: ITC reported a 3% YoY increase in consolidated net profit for the June quarter, reaching ...More

TCS Share Price: ITC reported a 3% YoY increase in consolidated net profit for the June quarter, reaching Rs 5,244 crore, with revenue up by 19.5%. Brokerages remain largely positive, though some have slightly adjusted target prices. While cigarette volumes show strong growth, FMCG and paper segments face margin pressures, impacting some earnings estimates for the near term. ...Less

Demand, improvement in mobility, sale of govt’s stake and inorganic expansion can, however, influence ITC ...More

Demand, improvement in mobility, sale of govt’s stake and inorganic expansion can, however, influence ITC stock ...Less

Brokerages have raised their EPS estimates on better margins in cigarettes business and hopes of pick-up ...More

Brokerages have raised their EPS estimates on better margins in cigarettes business and hopes of pick-up in volume in the second half of the year. ...Less

The June quarter results of the two leading consumer firms- HUL and ITC - in a way confirm the RBI's rece ...More

The June quarter results of the two leading consumer firms- HUL and ITC - in a way confirm the RBI's recent assessment that there is no slowdown visible yet in consumption and that consumer demand is still holding on. ...Less

Subdued demand both in domestic and export markets, competition from low priced Chinese supplies in globa ...More

Subdued demand both in domestic and export markets, competition from low priced Chinese supplies in global markets, sharp reduction in global pulp prices and high-base effect impacted its performance. Lower realisations and increase in input costs impacted the segment's profitability. ...Less

ITC reported a minor increase in first-quarter net profit to Rs 4,917.45 crore, falling short of street e ...More

ITC reported a minor increase in first-quarter net profit to Rs 4,917.45 crore, falling short of street estimates. Revenue in its FMCG and hotel segments rose, while cigarette business volumes grew steadily. Analysts maintain a positive outlook, setting target prices between Rs 530 and Rs 585. ...Less

ITC is expected to post modest Q1FY26 earnings with flat to slight growth in PAT and EBITDA. Margin press ...More

ITC is expected to post modest Q1FY26 earnings with flat to slight growth in PAT and EBITDA. Margin pressure in FMCG and paper may offset gains from stable cigarette and agri business performance, according to top brokerage estimates. ...Less

Operating margin, rose by 100 bps to 38% as compared to 37% reported in the year-ago period. ...More

Operating margin, rose by 100 bps to 38% as compared to 37% reported in the year-ago period. ...Less

ITC reported a slight increase in its standalone net profit for the quarter ending June 30, 2024, reachin ...More

ITC reported a slight increase in its standalone net profit for the quarter ending June 30, 2024, reaching Rs 4,917.45 crore, up from Rs 4,902.74 crore a year earlier. However, this figure was below analysts' expectations of Rs 5,122 crore. ...Less

The profit figure came in lower than Rs 3,219 crore estimated by analysts in an ET NOW poll. ...More

The profit figure came in lower than Rs 3,219 crore estimated by analysts in an ET NOW poll. ...Less

DFC Securities expects a 3 per cent volume growth for the cigarette maker. ...More

DFC Securities expects a 3 per cent volume growth for the cigarette maker. ...Less

Revenue from operations, the company said, dipped 17.39 per cent to Rs 9,501.75 crore for the quarter com ...More

Revenue from operations, the company said, dipped 17.39 per cent to Rs 9,501.75 crore for the quarter compared with Rs 11,502.82 crore in the year-ago quarter. ...Less

Indian companies are releasing their December quarter results. ITC expects steady but mixed performance. ...More

Indian companies are releasing their December quarter results. ITC expects steady but mixed performance. Swiggy anticipates strong revenue growth but wider losses due to investments. Paytm is projected to report another profitable quarter with healthy revenue and margin expansion. Investors are watching these key announcements closely. ...Less

Net sales may drop 25-30 per cent, with margins expected to take a severe hit of 800-1,300 basis points. ...More

Net sales may drop 25-30 per cent, with margins expected to take a severe hit of 800-1,300 basis points. ...Less

Buy ITC Ltd. at a price target of Rs 273.0 and a stop loss at Rs $stopLossL from entry point ...More

Buy ITC Ltd. at a price target of Rs 273.0 and a stop loss at Rs $stopLossL from entry point ...Less

RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from ...More

RailTel Corporation had posted a net profit of Rs 38.39 crore in the same period last year. Revenue from operations also rose by 19%, totaling Rs 558.11 crore, up from Rs 467.61 crore in the previous year's quarter. ...Less

ITC Q2 Results: Diversified conglomerate ITC Ltd reported 3% year-on-year (YoY) growth in its net profit ...More

ITC Q2 Results: Diversified conglomerate ITC Ltd reported 3% year-on-year (YoY) growth in its net profit at Rs 5126 crore in the second quarter. Revenues declined 1% YoY to Rs 21,256 crore. ...Less

Here’s a list of stocks that are likely to hog the limelight in today's trade. ...More

Here’s a list of stocks that are likely to hog the limelight in today's trade. ...Less

ITC board declares a final dividend of Rs 7.5 per share alongside Q4 profit of Rs 5,120 crore, missing es ...More

ITC board declares a final dividend of Rs 7.5 per share alongside Q4 profit of Rs 5,120 crore, missing estimates. Total dividend for FY24 set at Rs 13.75 per share. Revenue up 2% YoY. Stock shows strong technical performance. ...Less

Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubl ...More

Cupid announced a 4:1 bonus issue alongside stellar Q3 results, with profit surging 196% and income doubling. Record EBITDA margins, strong export demand and FMCG growth marked its strongest-ever quarter, reflecting confidence in long-term expansion and wider retail participation. ...Less

HSBC has upgraded ITC to 'overweight' from 'neutral', while maintaining target price of Rs 400, citing pr ...More

HSBC has upgraded ITC to 'overweight' from 'neutral', while maintaining target price of Rs 400, citing prospects of earnings growth 'resilience'. ...Less

Both SBI and ITC are blue chip names and investors should use every dip to accumulate the stocks from a l ...More

Both SBI and ITC are blue chip names and investors should use every dip to accumulate the stocks from a longer-term perspective. ...Less

The company’s board approved a final dividend off Rs. 5.75 per share for the financial year ended March 2 ...More

The company’s board approved a final dividend off Rs. 5.75 per share for the financial year ended March 2021. ...Less

Investors should watch out for the outlook on revenue growth in FMCG, hotels and paper businesses as econ ...More

Investors should watch out for the outlook on revenue growth in FMCG, hotels and paper businesses as economic activities return to normal levels. Analysts said the healthy double-digit revenue growth in FMCG business would be led by a recovery in the stationery business and price increases. ...Less

Earnings season commenced with 88 companies announcing results. Key highlights included ITC, Sun Pharma, ...More

Earnings season commenced with 88 companies announcing results. Key highlights included ITC, Sun Pharma, Tata Motors, Adani Enterprises, and Zomato reporting. ITC and Dabur anticipated revenue growth from cigarettes, hotels, and FMCG segments. Tata Motors projected strong profit growth. Zomato maintained robust performance from prior quarters, offering promising outlooks. ...Less

ITC Share Price: ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarte ...More

ITC Share Price: ITC reported a 6% growth in its consolidated net profit at Rs 5,335 crore for the quarter ended December. The same stood at Rs 5,006 crore in the year-ago period. The profit beat the ET Now Poll expectation of Rs 5,072 crore. ...Less

Hindustan Zinc’s Offer For Sale (OFS) opens for retail investors on Thursday, January 29, after strong de ...More

Hindustan Zinc’s Offer For Sale (OFS) opens for retail investors on Thursday, January 29, after strong demand from non-retail participants. Vedanta, the promoter, aims to raise up to Rs 4,500 crore through the sale of 0.79% of the company’s equity, with a green shoe option of 0.59% additional stake if demand remains robust. The indicative price is Rs 691.15. ...Less

ITC is anticipated to reveal moderate revenue growth, driven by cigarettes and agri businesses, while Sun ...More

ITC is anticipated to reveal moderate revenue growth, driven by cigarettes and agri businesses, while Sun Pharma is expected to showcase high single-digit bottom-line growth, fueled by strong domestic performance. Revenue growth for Sun Pharma is expected to be 9% year-on-year, while ITC's revenue is expected to rise 2% year-on-year. Analysts anticipate $500 million in US sales for Sun Pharma. ...Less

ITC reported 5.7 per cent year-on-year (YoY) growth in the net profit to Rs 2,646.73 crore for the quarte ...More

ITC reported 5.7 per cent year-on-year (YoY) growth in the net profit to Rs 2,646.73 crore for the quarter ended December 2016 which was higher than ET Now estimates of Rs 2,550 crore. ...Less

Paytm is expected to post another profitable Q3, driven by festive-led demand in payments and financial s ...More

Paytm is expected to post another profitable Q3, driven by festive-led demand in payments and financial services. Brokerages forecast a return to year-on-year profitability, around 6% sequential growth, and continued margin expansion, with revenue seen rising up to 22% YoY to about Rs 2,187–2,225 crore. ...Less

Let's check out what all might matter to Dalal Street during the day. ...More

Let's check out what all might matter to Dalal Street during the day. ...Less

ITC has been on a roll so far in 2016, outperforming Sensex by a wide margin in anticipation of an uptick ...More

ITC has been on a roll so far in 2016, outperforming Sensex by a wide margin in anticipation of an uptick in the cigarette business to drive volume growth. ...Less