Is ITC a profit making company?
Is ITC a profit making company?
Diversified conglomerate ITC Ltd reported a near 29 per cent rise in net profit to ₹3,013 crore for the first quarter ended June 30. Net profit in the year-ago-period stood at ₹2,343 crore. Revenue from operations in Q1FY22 increased 36 per cent YoY to ₹12,959 crore while EBITDA grew by over 50 per cent.
Who is main owner of ITC?
Sanjiv Puri (59), is the Chairman & Managing Director of ITC Limited.
Who is largest shareholder in ITC?
Tobacco Manufacturers India Ltd
Insurance companies among top 10 shareholders of ITC Limited
| No. | Name of the Shareholder | Total Shares held |
|---|---|---|
| 1 | Tobacco Manufacturers India Ltd | 1,985,564,880 |
| 2 | Life Insurance Corporation of India | 934,915,387 |
| 3 | Specified Undertaking Of the Unit Trust Of India | 896,722,590 |
| 4 | Myddleton Investment Company Ltd | 324,207,960 |
What is the book value of ITC?
ITC’s Key Fundamentals
| Parameter | Values |
|---|---|
| Market Cap (in ₹ Cr.) | 2,91,141.75 |
| Earning Per Share (EPS TTM) (₹) | 10.19 |
| Price To Earnings (P/E) Ratio | 23.31 |
| Book Value Per Share (₹) | 45.64 |
How does ITC make money?
New Delhi: Total foreign exchange earning of the ITC Group from exports in FY’21 rose 29.08 per cent to Rs 5,934 crore, the company’s latest annual report said. While, the foreign exchange earned by ITC Ltd was up 31.2 per cent to Rs 4,600 crore, mainly on account of exports of agri-commodities, it said.
Who is the CEO of ITC?
Sanjiv Puri (Feb 5, 2017–)
ITC Limited/CEO
Sanjiv Puri (58), is the Chairman & Managing Director of ITC effective May 13, 2019. He was appointed as a Wholetime Director on the Board of ITC with effect from December 6, 2015 and Chief Executive Officer from February 5, 2017.
Does ITC sell tobacco?
ITC’s popular brands of cigarettes and cigars include Insignia, India Kings, Lucky Strike, Classic, Gold Flake, Navy Cut, Players, Scissors, Capstan, Berkeley, Bristol, Flake, Silk Cut, Duke & Royal.
Is ITC a tobacco company?
Established in 1910 as the Imperial Tobacco Company of India Limited, the company was renamed as the India Tobacco Company Limited in 1970 and later to I.T.C. Limited in 1974. The company now stands renamed to ITC Limited, where “ITC” today is no longer an acronym.
Why is ITC not rising?
ITC share price today slumped around 5 per cent after the news break of Government of India forming committee for finalising taxation policy for tobacco. The stock hit an intraday low of ₹248.70 on the NSE in early deals.
Does ITC have debt?
Based on the latest financial disclosure, ITC LTD has a Total Debt of 2.75 B. This is 49.35% lower than that of the Consumer Defensive sector and 85.65% lower than that of the Tobacco industry. The total debt for all India stocks is 48.28% higher than that of the company.
What was the net profit of ITC in 2016?
ITC’s portfolio considerably enhances its capacity to generate growing value for the Indian economy across three sectors: agriculture, manufacturing and services. In 2016-17, ITC registered a net profit of Rs 10,201 crore over revenue of Rs 55,448 crore.
Which is the stock exchange of ITC group?
ITC group directly employs over 32,000 people. ITC shares trade with symbol ITC on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited.
What kind of Business is ITC in India?
(₹ Cr.) ITC is a multi-business enterprise spanning fast moving consumer goods (FMCG), hotels, paperboards/specialty papers, packaging, agri-business and IT. ITC’s portfolio considerably enhances its capacity to generate growing value for the Indian economy across three sectors: agriculture, manufacturing and services.
When did ITC change its name to ITC?
ITC shares trade with symbol ITC on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). ITC was incorporated on August 24, 1910 under the name Imperial Tobacco Company of India Limited. The name was changed from Imperial Tobacco Company of India Limited to India Tobacco Company Limited in 1970 and then to I.T.C.
