ITC Limited (NSE:ITC)

ITC Limited Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Revenue	790,295	753,233	679,319	709,369	606,681	492,728
Other Revenue	108.3	-	-	-	-	-
Revenue	790,403	753,233	679,319	709,369	606,681	492,728
Revenue Growth (YoY)	9.51%	10.88%	-4.24%	16.93%	23.13%	-0.27%
Cost of Revenue	356,325	326,138	276,792	298,640	270,475	207,037
Gross Profit	434,079	427,096	402,527	410,729	336,206	285,691
Selling, General & Admin	79,670	78,087	72,085	73,322	62,627	59,083
Other Operating Expenses	93,298	90,615	78,567	80,709	67,554	56,025
Operating Expenses	189,629	185,165	165,832	172,122	147,505	131,564
Operating Income	244,449	241,931	236,695	238,607	188,701	154,127
Interest Expense	-519.3	-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	1,754	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)	9,130	9,135	7,948	3,027	5,058	9,658
EBT Excluding Unusual Items	269,742	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	-	-	-	728.7	-	-
Pretax Income	272,364	269,269	264,003	259,151	207,405	179,382
Income Tax Expense	69,488	68,905	62,095	64,384	52,373	45,553
Earnings From Continuing Operations	202,876	200,365	201,908	194,767	155,031	133,829
Earnings From Discontinued Operations	149,313	150,160	5,605	-	-	-
Net Income to Company	352,189	350,525	207,514	194,767	155,031	133,829
Minority Interest in Earnings	-3,197	-3,059	-2,926	-2,851	-2,605	-2,217
Net Income	348,992	347,466	204,588	191,917	152,427	131,612
Net Income to Common	348,992	347,466	204,588	191,917	152,427	131,612
Net Income Growth	70.69%	69.84%	6.60%	25.91%	15.82%	-14.01%
Shares Outstanding (Basic)	12,512	12,502	12,461	12,382	12,317	12,301
Shares Outstanding (Diluted)	12,530	12,521	12,489	12,414	12,322	12,302
Shares Change (YoY)	0.21%	0.26%	0.60%	0.75%	0.16%	0.08%
EPS (Basic)	27.89	27.79	16.42	15.50	12.38	10.70
EPS (Diluted)	27.85	27.75	16.39	15.46	12.37	10.70
EPS Growth	70.36%	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	13.750	12.750	11.500	10.750
Dividend Growth	-	4.36%	7.84%	10.87%	6.98%	5.91%
Gross Margin	54.92%	56.70%	59.25%	57.90%	55.42%	57.98%
Operating Margin	30.93%	32.12%	34.84%	33.64%	31.10%	31.28%
Profit Margin	44.15%	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	262,997	260,177	253,728	255,736	204,944	169,581
EBITDA Margin	33.27%	34.54%	37.35%	36.05%	33.78%	34.42%
D&A For EBITDA	18,548	18,245	17,034	17,129	16,243	15,453
EBIT	244,449	241,931	236,695	238,607	188,701	154,127
EBIT Margin	30.93%	32.12%	34.84%	33.64%	31.10%	31.28%
Effective Tax Rate	25.51%	25.59%	23.52%	24.84%	25.25%	25.39%
Revenue as Reported	879,213	841,425	765,847	784,987	670,413	557,877
Advertising Expenses	-	13,317	13,856	11,732	9,956	10,896

Updated Feb 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.