ITC Q4 Results: Net Profit Soars 300% YoY to Rs 19,727 Crore, Driven by Exceptional Gains
In a surprising turn of events, ITC Ltd. reported a 300% year-on-year (YoY) rise in net profit to Rs 19,727 crore for the fourth quarter ended March 2025, significantly beating market expectations. However, a major chunk of this surge is attributed to an exceptional gain of Rs 15,179 crore from discontinued operations, primarily due to the demerger of its hotel business.
Key Financial Highlights (Q4 FY25):
- Revenue: Rs 18,494 crore vs estimates of Rs 18,251 crore
- EBITDA: Rs 5,986 crore vs estimates of Rs 6,308 crore
- EBITDA Margin: 32.3% vs estimated 34.5%
- Net Profit: Rs 19,727 crore vs estimates of Rs 4,943 crore
While core numbers like EBITDA and margin came in marginally below expectations, the exceptional item significantly boosted overall profitability.
Dividend Declared:
ITC declared a dividend of Rs 7.85 per share, with record date set for 28 May 2025.
The market will now look forward to how ITC plans to reinvest the proceeds from the demerger and how its diversified portfolio performs in a post-restructuring phase.