ITC LIMITED
ITC Limited is an Indian company headquartered in Kolkata. It is the country’s largest cigarette manufacturer and seller, having been founded in 1910. Currently, ITC is involved in five business segments: FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business. ITC was ranked as India’s most admired company, according to a survey conducted by Fortune India, in association with Hay Group. Company is ranked as No. 3 globally in food industry for ESG performance.
Over the last decade, ITC’s new Consumer Goods Businesses have established a vibrant portfolio of 25 world- class Indian brands that create and retain value in India. While several of these brands are market leaders in their segments, others are making appreciable progress.
ITC is the only enterprise in the world of comparable dimensions to be carbon-positive, water-positive, and solid waste recycling positive for over a decade now. ITC has created over 6 million sustainable livelihoods. Nearly 41% of the total energy consumed in ITC is from renewable sources. ITC’s premium luxury hotels have the unique distinction of being LEED Platinum certified.
As a response to ongoing pandemic, ITC extended support by arrangement of beds, monitors, oxygen, furniture, and initial medical supplies towards setting up a 200 to 300-bed medical facility in Kolkata city managed by Medica Super specialty hospital that will treat covid-19 patients.
For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 15,983.86 Crore, up 8.95% from last quarter Total Income of Rs 14,670.17 Crore and up 20.82% from last year same quarter Total Income of Rs 13,228.4 Crore. Company has reported net profit after tax of Rs 3,816.84 Crore in latest quarter. The Board of Directors have decided to recommend a Final Dividend @ Rs. 10.75 per equity share of Re. 1/- each for the financial year 2020-21.
The results of Q4 were competent.
