ITC Limited Income Statement

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

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	772,550	788,684	753,233	679,319	709,369	606,681
Revenue Growth	-1.65%	4.71%	10.88%	-4.24%	16.93%	23.13%
Cost of Revenue	329,810	332,472	326,138	276,792	298,640	270,475
Gross Profit	442,740	456,212	427,096	402,527	410,729	336,206
Selling, General & Admin	90,503	86,171	78,087	72,085	73,322	62,627
Other Operating Expenses	106,032	96,981	90,615	78,567	80,709	67,554
Operating Expenses	214,245	200,257	185,165	165,832	172,122	147,505
Operating Income	228,495	255,955	241,931	236,695	238,607	188,701
Interest Expense	-1,267	-851.7	-450.6	-391.1	-432	-393.6
Interest & Investment Income	14,774	14,774	14,997	17,068	15,340	10,826
Earnings From Equity Investments	4,248	3,771	1,104	144.3	490.4	174.8
Currency Exchange Gain (Loss)	820.7	820.7	-68.8	0.1	370	522.1
Other Non Operating Income (Expenses)	5,819	6,855	9,135	7,948	3,027	5,058
EBT Excluding Unusual Items	252,890	281,324	266,648	261,464	257,403	204,889
Gain (Loss) on Sale of Investments	1,819	1,819	1,234	1,916	1,067	1,957
Gain (Loss) on Sale of Assets	108.5	108.5	1,388	622.6	-47.6	558.9
Other Unusual Items	4.4	-2,917	-	-	728.7	-
Pretax Income	254,822	280,334	269,269	264,003	259,151	207,405
Income Tax Expense	62,559	70,152	68,905	62,095	64,384	52,373
Earnings From Continuing Operations	192,263	210,182	200,365	201,908	194,767	155,031
Earnings From Discontinued Operations	-	-	150,160	5,605	-	-
Net Income to Company	192,263	210,182	350,525	207,514	194,767	155,031
Minority Interest in Earnings	-3,446	-3,287	-3,059	-2,926	-2,851	-2,605
Net Income	188,817	206,895	347,466	204,588	191,917	152,427
Net Income to Common	188,817	206,895	347,466	204,588	191,917	152,427
Net Income Growth	-46.10%	-40.46%	69.84%	6.60%	25.91%	15.82%
Shares Outstanding (Basic)	12,530	12,524	12,502	12,461	12,382	12,317
Shares Outstanding (Diluted)	12,531	12,533	12,521	12,489	12,414	12,322
Shares Change	-0.03%	0.09%	0.26%	0.60%	0.75%	0.16%
EPS (Basic)	15.07	16.52	27.79	16.42	15.50	12.38
EPS (Diluted)	15.07	16.51	27.75	16.39	15.46	12.37
EPS Growth	-46.09%	-40.51%	69.34%	6.01%	24.98%	15.62%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep '26 Sep 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	184,579	162,814	153,483	136,163	161,346	136,339
Free Cash Flow Per Share	14.73	12.99	12.26	10.90	13.00	11.06
Dividend Per Share	8.000	14.500	14.350	13.750	12.750	11.500
Dividend Growth	-44.25%	1.04%	4.36%	7.84%	10.87%	6.98%
Gross Margin	57.31%	57.84%	56.70%	59.25%	57.90%	55.42%
Operating Margin	29.58%	32.45%	32.12%	34.84%	33.64%	31.10%
Profit Margin	24.44%	26.23%	46.13%	30.12%	27.05%	25.12%
Free Cash Flow Margin	23.89%	20.64%	20.38%	20.04%	22.75%	22.47%
EBITDA	244,947	271,802	260,177	253,728	255,736	204,944
EBITDA Margin	31.71%	34.46%	34.54%	37.35%	36.05%	33.78%
D&A For EBITDA	16,452	15,847	18,245	17,034	17,129	16,243
EBIT	228,495	255,955	241,931	236,695	238,607	188,701
EBIT Margin	29.58%	32.45%	32.12%	34.84%	33.64%	31.10%
Effective Tax Rate	24.55%	25.02%	25.59%	23.52%	24.84%	25.25%
Revenue as Reported	1,079,521	923,391	841,425	765,847	784,987	670,413
Advertising Expenses	-	14,929	13,317	13,856	11,732	9,956