ITC Limited Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Operating Revenue	798,195	753,233	679,319	709,369	606,681	492,728
Other Revenue	-107.4	-	-	-	-	-
Revenue	798,087	753,233	679,319	709,369	606,681	492,728
Revenue Growth (YoY)	4.26%	10.88%	-4.24%	16.93%	23.13%	-0.27%
Cost of Revenue	351,620	326,138	276,792	298,640	270,475	207,037
Gross Profit	446,467	427,096	402,527	410,729	336,206	285,691
Selling, General & Admin	82,702	78,087	72,085	73,322	62,627	59,083
Other Operating Expenses	96,022	90,615	78,567	80,709	67,554	56,025
Operating Expenses	195,720	185,165	165,832	172,122	147,505	131,564
Operating Income	250,747	241,931	236,695	238,607	188,701	154,127
Interest Expense	-669	-450.6	-391.1	-432	-393.6	-445.8
Interest & Investment Income	14,997	14,997	17,068	15,340	10,826	12,980
Earnings From Equity Investments	3,359	1,104	144.3	490.4	174.8	-69.2
Currency Exchange Gain (Loss)	-68.8	-68.8	0.1	370	522.1	-11.6
Other Non Operating Income (Expenses)	8,647	9,135	7,948	3,027	5,058	9,658
EBT Excluding Unusual Items	277,012	266,648	261,464	257,403	204,889	176,238
Gain (Loss) on Sale of Investments	1,234	1,234	1,916	1,067	1,957	3,700
Gain (Loss) on Sale of Assets	1,388	1,388	622.6	-47.6	558.9	-556.1
Other Unusual Items	-2,665	-	-	728.7	-	-
Pretax Income	276,969	269,269	264,003	259,151	207,405	179,382
Income Tax Expense	69,932	68,905	62,095	64,384	52,373	45,553
Earnings From Continuing Operations	207,037	200,365	201,908	194,767	155,031	133,829
Earnings From Discontinued Operations	146,526	150,160	5,605	-	-	-
Net Income to Company	353,563	350,525	207,514	194,767	155,031	133,829
Minority Interest in Earnings	-3,274	-3,059	-2,926	-2,851	-2,605	-2,217
Net Income	350,289	347,466	204,588	191,917	152,427	131,612
Net Income to Common	350,289	347,466	204,588	191,917	152,427	131,612
Net Income Growth	73.93%	69.84%	6.60%	25.91%	15.82%	-14.01%
Shares Outstanding (Basic)	12,522	12,502	12,461	12,382	12,317	12,301
Shares Outstanding (Diluted)	12,533	12,521	12,489	12,414	12,322	12,302
Shares Change (YoY)	0.20%	0.26%	0.60%	0.75%	0.16%	0.08%
EPS (Basic)	27.97	27.79	16.42	15.50	12.38	10.70
EPS (Diluted)	27.95	27.75	16.39	15.46	12.37	10.70
EPS Growth	73.61%	69.34%	6.01%	24.98%	15.62%	-14.06%
Free Cash Flow	-	153,483	136,163	161,346	136,339	106,903
Free Cash Flow Per Share	-	12.26	10.90	13.00	11.06	8.69
Dividend Per Share	14.350	14.350	13.750	12.750	11.500	10.750
Dividend Growth	2.50%	4.36%	7.84%	10.87%	6.98%	5.91%
Gross Margin	55.94%	56.70%	59.25%	57.90%	55.42%	57.98%
Operating Margin	31.42%	32.12%	34.84%	33.64%	31.10%	31.28%
Profit Margin	43.89%	46.13%	30.12%	27.05%	25.12%	26.71%
Free Cash Flow Margin	-	20.38%	20.04%	22.75%	22.47%	21.70%
EBITDA	269,901	260,177	253,728	255,736	204,944	169,581
EBITDA Margin	33.82%	34.54%	37.35%	36.05%	33.78%	34.42%
D&A For EBITDA	19,154	18,245	17,034	17,129	16,243	15,453
EBIT	250,747	241,931	236,695	238,607	188,701	154,127
EBIT Margin	31.42%	32.12%	34.84%	33.64%	31.10%	31.28%
Effective Tax Rate	25.25%	25.59%	23.52%	24.84%	25.25%	25.39%
Revenue as Reported	889,491	841,425	765,847	784,987	670,413	557,877
Advertising Expenses	-	13,317	13,856	11,732	9,956	10,896

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.