ITC share result highlights
The ITC share price reflects strong performance driven by solid quarterly results. In its recent financial results, ITC reported a rise in revenue across its FMCG, hotels, and agribusiness segments. The FMCG business showed robust growth, while the hotel segment experienced a revival post-pandemic. The company also saw steady performance in its paperboards and packaging sectors. The results indicate ITC's ability to maintain profitability, which has positively impacted the ITC share price, making it a point of interest for investors.
ITC share annual reports
The ITC annual reports provide a comprehensive overview of the company's performance, including revenue growth, profit margins, and strategic business developments. The report highlights ITC’s focus on diversifying its business portfolio, with particular emphasis on FMCG, agribusiness, and hotels. The analysis of ITC's performance across sectors gives insight into the potential ITC future share price. The company’s continuous investments in digitalisation and innovation underscore its commitment to long-term growth and market competitiveness.
ITC share dividend
ITC has a consistent track record of providing dividends to its shareholders. The dividend payouts reflect ITC’s stable financial position and its commitment to rewarding shareholders. The ITC share price is often influenced by the company’s dividend announcements, as it attracts income-seeking investors. In the recent financial year, ITC maintained a competitive dividend yield, making it appealing to investors focused on regular returns. The dividend policy indicates a steady outlook for the ITC future share price.
Itc Ltd Overview
Established in 1910, ITC is India's largest cigarette manufacturer and seller, diversifying across FMCG (excluding cigarettes), Hotels, Paperboards, Paper and Packaging, and Agri Business segments. Dominating the domestic cigarette market with over 80% market share with brands like Insignia and Classic, the cigarette segment, despite constituting only 40% of ITC's revenues, remarkably contributes 81% towards its PBIT, underscoring its profitability amidst challenges from the illicit cigarette market. Beyond tobacco, ITC has expanded into a variety of FMCG products with brands across food, personal care, stationery, and apparel, supported by its D2C platform operational across 24,000+ pin codes. In the hospitality sector, ITC Hotels, launched in 1975, ranks as the second-largest chain in India with a diverse portfolio under brands like ITC Hotels and Fortune Hotels, continuously expanding its presence. The Agri Business segment positions ITC as a significant agri-product exporter, including being a leading leaf tobacco exporter. In paperboards, paper, and packaging, ITC leads in the value-added segment, emphasising sustainable and recycled materials. FY23 saw a revenue split showing a diversification with FMCG and Agri making significant contributions alongside cigarettes. The recent demerger of its hotels business into ITC Hotels Limited in August 2023, with ITC retaining a 40% share, illustrates its strategic realignment towards focused growth in its diverse operations.