ITC Posts Rs 4191 Crore Net Profit In 2021-22 4th Quarter, Declarers 6.25 Rupee Dividend

ITC Q4 Results: FMCG company ITC has declared the results...

ITC Q4 Results: FMCG company ITC has declared the results for the fourth quarter of 2021-22. In this quarter, ITC has a net profit of Rs 4,190.96 crore, which is about 12 percent more than Rs 3,748.42 crore in the fourth quarter of the previous year 2020-21.

There has been a jump of 16.02 percent in ITC’s revenue. The company’s revenue in the fourth quarter of 2021-22 has been Rs 16,426 crore, which is more than Rs 14,156.98 crore in the corresponding quarter of the last financial year. The board of ITC has also announced a dividend of Rs 6.25 per share to the investors for the financial year 2021-22, which will be paid to the investors between July 22 and 26. Earlier, in February, the company has also given an interim dividend of Rs 2.25 to the investors.

The company’s revenue from cigarette business has increased by 9.96 percent to Rs 6443.37 crore, while the company has received revenue of Rs 4,141 crore from FMCG business, and is 12.32 percent higher. The company’s hotel business has shown a revenue growth of 35.39 percent. So the revenue from agri business has increased by about 30 percent. The results of ITC have come after the close of the market. Earlier on Wednesday, the stock closed at Rs 267 with a gain of 0.79 percent.

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