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

FSN E-Commerce Ventures, Nykaa's parent company, reported a significant 286% year-on-year surge in net pr ...More

FSN E-Commerce Ventures, Nykaa's parent company, reported a significant 286% year-on-year surge in net profit to Rs 78 crore for the March-ended quarter of FY2026. Revenue from operations also climbed 28% to Rs 2,648 crore. For the full fiscal year, net profit nearly tripled to Rs 199 crore, with revenue growing 26% to Rs 10,022 crore. ...Less

ITC Q3 Results: FMCG major ITC's December quarter consolidated net profit stood at Rs 4,931 crore, flat c ...More

ITC Q3 Results: FMCG major ITC's December quarter consolidated net profit stood at Rs 4,931 crore, flat compared to Rs 4,935 crore reported in the year ago period. ...Less

FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 1 ...More

FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The company's EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore ...Less

ITC Q3 Results: The board has proposed an interim dividend of Rs 6.5 per share for the financial year end ...More

ITC Q3 Results: The board has proposed an interim dividend of Rs 6.5 per share for the financial year ending March 2025. Despite subdued demand and rising input costs, the company delivered a resilient performance. Its EBITDA grew 3% YoY in Q3, with a 5% YoY rise excluding the paper segment. The hotels business saw strong growth, with revenue reaching Rs 922 crore, up 15% YoY. Profit before tax surged 43% YoY to Rs 302 crore. ...Less

ITC Q3 Results: Revenue from operations in the said quarter increased 2% year-on-year (YoY) to Rs 19,484 ...More

ITC Q3 Results: Revenue from operations in the said quarter increased 2% year-on-year (YoY) to Rs 19,484 crore. ...Less

ITC Ltd on Monday reported 10.8% year-on-year growth in net profit at Rs 5,572 crore for the third quarte ...More

ITC Ltd on Monday reported 10.8% year-on-year growth in net profit at Rs 5,572 crore for the third quarter ending December ’23, while gross revenue went up by 2.1% to Rs 17,483 crore. Both revenue and profit exceeded street estimates. ...Less

ITC Ltd is set to release its earnings for the December quarter today. Investors will be focusing on the ...More

ITC Ltd is set to release its earnings for the December quarter today. Investors will be focusing on the performance of the cigarette business, FMCG vertical, and hotels segment. Steady volume growth in cigarettes and non-cigarette FMCG, along with strong traction in hotels, is expected to support the conglomerate's quarterly performance. However, the agri and paper and paperboards businesses are likely to have been sluggish, potentially impacting overall revenue growth. ...Less

Revenue from operations, net of excise duty, rose a meagre 2.3% on year to Rs 16,226 crore, and trailed e ...More

Revenue from operations, net of excise duty, rose a meagre 2.3% on year to Rs 16,226 crore, and trailed estimates of Rs 16,810 crore. ...Less

ITC on Friday reported a 21% YoY rise in net profit for the quarter ended December 2022 to Rs 5,031 crore ...More

ITC on Friday reported a 21% YoY rise in net profit for the quarter ended December 2022 to Rs 5,031 crore. >> For more such web stories click on the ET icon below ...Less

ITC's Q3 revenues are expected to grow by 8% YoY driven by strong performances in the hotel and agri busi ...More

ITC's Q3 revenues are expected to grow by 8% YoY driven by strong performances in the hotel and agri businesses, while net profit may fall by 6% due to high other income and lower tax rate in the previous year. The cigarette segment shows stable growth despite slight margin compression. ...Less

Revenue from sale of products came in at Rs 16,633.86 crore, up 31.25 per cent against Rs 12,673.31 crore ...More

Revenue from sale of products came in at Rs 16,633.86 crore, up 31.25 per cent against Rs 12,673.31 crore in the corresponding quarter last year. ...Less

ITC dividend: FMCG major ITC declared an interim dividend of Rs 6.50 per share for the financial year end ...More

ITC dividend: FMCG major ITC declared an interim dividend of Rs 6.50 per share for the financial year ending March 31, 2025 and it will be paid between March 6 and March 8, the company today said in its filing to the exchanges. The company has fixed Wednesday, February 12, 2025 as the record date. ...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

ITC also said the tax expenses for the quarter included a credit of Rs 340 crore. ...More

ITC also said the tax expenses for the quarter included a credit of Rs 340 crore. ...Less

ITC reported a 21% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 5,031 crore ...More

ITC reported a 21% year-on-year (YoY) rise in net profit for the quarter ended December to Rs 5,031 crore, which was higher than the ET Now poll of Rs 4,605 crore. ...Less

ITC reported Q3 revenues of Rs 12,580.4 crore, up 4.7 per cent on-year, and higher than analysts’ estimat ...More

ITC reported Q3 revenues of Rs 12,580.4 crore, up 4.7 per cent on-year, and higher than analysts’ estimate of Rs 11,900 crore. ...Less

The company is scheduled to announce its earnings for the December quarter on Friday. The sustenance of t ...More

The company is scheduled to announce its earnings for the December quarter on Friday. The sustenance of the current momentum in the stock will hinge upon the earnings scorecard and guidance on price hikes after the tax hike.Markets/Stocks/News ...Less

Emkay Global sees ITC reporting 24.3 per cent YoY rise in profit at Rs 3,988.70 crore. ...More

Emkay Global sees ITC reporting 24.3 per cent YoY rise in profit at Rs 3,988.70 crore. ...Less

Net sales came in at Rs 11,340.15 crore against Rs 9,952.19 crore last year. ...More

Net sales came in at Rs 11,340.15 crore against Rs 9,952.19 crore last year. ...Less

ET Now poll had predicted a net profit of Rs 2,834 crore in Q3 FY18. ...More

ET Now poll had predicted a net profit of Rs 2,834 crore in Q3 FY18. ...Less

Brokerage firm Sharekhan has a ‘buy’ rating on ITC with a target price of Rs 450. As per Trendlyne data, ...More

Brokerage firm Sharekhan has a ‘buy’ rating on ITC with a target price of Rs 450. As per Trendlyne data, the average target price of the stock is Rs 434 per share, which shows an upside potential of 8.5% from the current market prices ...Less

ITC posted a 4 per cent increase in net profit – the slowest growth in the past 11 quarters. ...More

ITC posted a 4 per cent increase in net profit – the slowest growth in the past 11 quarters. ...Less

Company’s cigarette business is likely to see a volume decline by 6-7%. Recent excise duty hike and price ...More

Company’s cigarette business is likely to see a volume decline by 6-7%. Recent excise duty hike and price rises are seen impacting volumes. ...Less

The company had posted Rs 3,136.95 crore profit for the December quarter of last financial year. ...More

The company had posted Rs 3,136.95 crore profit for the December quarter of last financial year. ...Less

Other than the hotel business, FMCG and cigarette segments have fared well, says the Axis Securities CIO ...More

Other than the hotel business, FMCG and cigarette segments have fared well, says the Axis Securities CIO ...Less

ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a ...More

ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a steady volume growth in both cigarettes and non-cigarette FMCG business, as well as strong traction in the hotel segment. However, the agri and paper and paperboards businesses may have been sluggish, restraining overall revenue growth. Analysts estimate a nearly 5% YoY growth in revenue to Rs 17,016 crore, a 2.5% YoY increase in EBITDA to Rs 6,378 crore, and a 2% growth in profit to Rs 5,137 crore. ...Less

While most sectors have done well, IT, auto margins look sustainable says the Yield Maximisers founder. ...More

While most sectors have done well, IT, auto margins look sustainable says the Yield Maximisers founder. ...Less

ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petr ...More

ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29 ...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

It was the fourth consecutive quarter when the company's performance was hit due to recurrent increases i ...More

It was the fourth consecutive quarter when the company's performance was hit due to recurrent increases in cigarette taxes and the subsequent increase in prices. ...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

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC ...More

174 companies are announcing their third quarter earnings on Tuesday, including key players like SBI, ITC, Airtel, Britannia, Trent, and Hero MotoCorp. ITC is likely to see a slight revenue growth but a profit decline. Airtel's net profit may see a significant rise, boosted by Indus Towers consolidation. SBI expects steady growth driven by robust loan performance. ...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

US Fed meeting, corporate earnings, Budget, and several IPOs are likely to impact Dalal Street investors ...More

US Fed meeting, corporate earnings, Budget, and several IPOs are likely to impact Dalal Street investors this week. “Going forward, global market factors like the policy rate decisions of major countries will affect the market, and markets are likely to witness stock-specific actions during the ongoing earnings season,” said Vinod Nair, Head of Research, Geojit Financial Services. ...Less

Edelweiss Broking expects revenue and profit to grow at 12 per cent and 11 per cent, respectively. ...More

Edelweiss Broking expects revenue and profit to grow at 12 per cent and 11 per cent, respectively. ...Less

The behemoth announced to pay the interim dividend benefit to eligible shareholders of the company from F ...More

The behemoth announced to pay the interim dividend benefit to eligible shareholders of the company from Friday, March 3, 2023, to Sunday, March 5. Its board fixed the record date for determining the members eligible for the corporate reward as Wednesday, Feb 15, 2023. ...Less

ITC is expected to report moderate revenue and profit growth in Q3, supported by cigarette volume recover ...More

ITC is expected to report moderate revenue and profit growth in Q3, supported by cigarette volume recovery and margin expansion. However, brokerages remain divided on profit estimates amid concerns over pricing pressures and potential cigarette tax hikes. ...Less

ITC’s December-quarter performance has drawn a muted response from brokerages, with analysts largely hold ...More

ITC’s December-quarter performance has drawn a muted response from brokerages, with analysts largely holding their ground despite steady operating metrics and strong FMCG growth. With the stock down over 20% in January and trading near a 52-week low, the focus has shifted to the impact of higher cigarette taxes set to kick in from February, tempering near-term optimism even as fundamentals remain resilient. ...Less

ITC’s Q2 revenue was ahead of street estimates while net profit was in line with the expectations. Nuvama ...More

ITC’s Q2 revenue was ahead of street estimates while net profit was in line with the expectations. Nuvama Institutional Equities said ITC’s cigarette sales volume grew by 3.3% yoy last quarter which too was ahead of street estimates. ...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

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

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

ITC notes early signs of urban demand recovery in their Q3 report amidst concerns over economic moderatio ...More

ITC notes early signs of urban demand recovery in their Q3 report amidst concerns over economic moderation driven by slower investments and high inflation. Rural consumption shows promising growth with healthy agricultural output. Budget 2025-26's income tax relief is expected to boost urban consumption, though challenges like housing rentals and job market sluggishness remain. ...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 declared an interim dividend of Rs 6 per share for FY24.According to ITC, for the qua ...More

The company's board declared an interim dividend of Rs 6 per share for FY24.According to ITC, for the quarter ended December 31, 2022 it had earned an operational revenue of Rs 17,265.48 crore (Q3FY22, Rs 16,806.89 crore) and a net profit of Rs 5,031.01 crore (Rs 4,156.20 crore) ...Less

ITC's revenue from operations rose a mere 0.1 per cent to Rs 11,976.75 crore. ...More

ITC's revenue from operations rose a mere 0.1 per cent to Rs 11,976.75 crore. ...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

ITC anticipates a steady second quarter with cigarette, hotels, and agri businesses showing positive grow ...More

ITC anticipates a steady second quarter with cigarette, hotels, and agri businesses showing positive growth, while paperboard remains weak. Revenue is projected to rise 7% YoY, but margins might decline due to a lackluster paperboard sector performance. Key areas to watch include demand trends, competitive intensity, and raw material costs. ...Less

ITC has reported a disappointed set of numbers for quarter ended March 2015. The stock is likely to open ...More

ITC has reported a disappointed set of numbers for quarter ended March 2015. The stock is likely to open with a gap-down on Monday. ...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

Today, 114 companies, including ITC, IndusInd Bank, and Godrej Consumer, will announce their second-quart ...More

Today, 114 companies, including ITC, IndusInd Bank, and Godrej Consumer, will announce their second-quarter earnings for July-September 2024. ITC is expected to see modest growth in revenue and profit, while IndusInd Bank may see a slight dip in net profit despite some growth in net interest income. ...Less

181 companies, including IndiGo and ITC, will announce their quarterly earnings for Jan-Mar 2024. IndiGo ...More

181 companies, including IndiGo and ITC, will announce their quarterly earnings for Jan-Mar 2024. IndiGo is expected to post healthy earnings, while ITC may see muted revenue growth. ...Less

An ET Now poll had pegged the March quarter net profit at Rs 3,739.3 crore. ...More

An ET Now poll had pegged the March quarter net profit at Rs 3,739.3 crore. ...Less

ITC on Wednesday reported a 13.67 per cent year-on-year (YoY) rise in net profit at Rs 3,697.18 crore com ...More

ITC on Wednesday reported a 13.67 per cent year-on-year (YoY) rise in net profit at Rs 3,697.18 crore compared with Rs 3252.62 crore in the corresponding quarter last year. ...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

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

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

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

ITC reported a 7% decrease in net profit for Q3 of FY25, despite an 8% rise in revenues. The company saw ...More

ITC reported a 7% decrease in net profit for Q3 of FY25, despite an 8% rise in revenues. The company saw revenue growth in its cigarette, hotel, FMCG, and agri-business segments, but faced challenges in the paperboard segment with low-priced competition. ...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

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 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 Q4 Results: Diversified conglomerate ITC Ltd reported multifold growth in its consolidated net profit ...More

ITC Q4 Results: Diversified conglomerate ITC Ltd reported multifold growth in its consolidated net profit to Rs 19,727 crore mainly due to the exceptional item. The profit in the year-ago period stood at Rs 5,121 crore. The profit from the continuing operations rose marginally by 3% YoY to Rs 5,155 crore. ...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