Q4FY18 Result: ITC Limited reports moderate numbers
ITC reported its results for the quarter ended March 31, 2018.
The company’s standalone revenue for the quarter came in at Rs. 10,813.24 crore, registering 8.7 per cent yoy increase.
EBITDA for the quarter rose by 6.6 per cent yoy to Rs. 4,144.01 crore with a corresponding margin contraction of 75 bps. EBITDA margin for the quarter stood at 38.3 per cent.
The PAT for the quarter came in at Rs. 2,932.71 crore, yoy decline of 5.1 per cent.
Looking at the full year numbers, we see that revenue slid by 20 per cent to reach Rs. 44,329.77 crore while EBITDA rose by 7 per cent to Rs. 15,540.98 crore. The company reported net profit of Rs. 11,223.25 crore, up 10 per cent yoy.
The Board of Directors has recommended a dividend of Rs. 5.15 per share for the face value of Rs. 1 each.
On Wednesday, the stock opened at Rs. 281.80 per share and touched an intra-day high and low of Rs. 288.60 and Rs. 279.65, respectively, on the BSE.