Read on for a complete analysis of ITC's quarterly results. Get the latest updates in the media section.The Board of Directors of the Company has recommended a dividend of Rs. The Register of Members of the Company shall remain closed for the purpose of dividend from Wednesday, 8th July, 2020 to Thursday, 9th July, 2020.Segment results of 'FMCG : Others' are after considering significant business development, brand building and gestation costs of Branded Packaged Foods businesses and Personal Care Products business.Paperboards, Paper & PackagingITC's Businesses, Brands and Sustainability initiatives create headlines every day. The cigarettes-to-hotels business reported a net profit of Rs 3,797.08 crore for the quarter under review, compared with a net profit of Rs 3,481.90 crore in the same quarter a year ago. The resultant favourable impact of Rs. 340.00 Crores).ITC is one of India's foremost private sector companies with a market capitalisation of nearly US $ 35 billion (as on 30.06.2020) and Gross Sales Value of US $ 10.74 billion (as on 31.03.2020) with presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers, Agri & IT Businesses.Agri commodities such as soya, spices, coffee and leaf tobacco.ITC believes that businesses can bring about transformational change to create a more sustainable future. ITC Quarterly Results: Get the key information of ITC Q1, Q2, Q3 and Q4 results, previous Quarterly Results, Quarterly Earnings and comparison on Economic Times. ITC Limited has informed the Exchange regarding 'Quarterly report on Fake I Forged I Missing I Lost I Stolen I Non-transferable shares as on 30th June, 2020'. ITC’s FMCG business consists of cigarettes (which has contributed to about 32 per cent of total revenues during the quarter) and other FMCG products such foods, personal care, matches & … Sales on the other hand came in at Rs 115 bn (up 5.8% YoY). The impact of COVID-19 on the Company's financial statements may differ from that estimated as at the date of approval of Standalone Financial Results.Website: www.itcportal.com | E-mail: enduringvalue@itc.in | Phone: +91-33-2288 9371 | Fax: +91-33-2288 0655 | CIN : L16005WB1910PLC001985The audited Standalone Financial Results and Segment Results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on 26th June, 2020.Exceptional items represent cost of leaf tobacco stocks (including taxes) destroyed at a third party owned warehouse due to fire, for which insurance claim has been filed and is under process.This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.Figures for the corresponding previous periods are re-arranged, wherever necessary, to conform to the figures of the current period.The Company, on 23rd May, 2020, entered into a Share Purchase Agreement (SPA) to acquire 100% of the equity share capital of Messrs. Sunrise Foods Private Limited, an Indian company primarily engaged in the business of spices under the trademark 'Sunrise', subject to fulfilment of various terms and conditions as specified in the SPA.
ITC Q1 Results 2020-21: Net profit fell 26% year-on-year to Rs 2,343 crore during the June quarter on the back of revenue that declined 17.4% to Rs 9,501 crore.
340.00 Crores (quarter ended 31st December, 2019 - Rs. Based on the current estimates, the Company does not expect any significant impact on such carrying values. For the quarter ended June 2019, ITC has posted a net profit of Rs 32 bn (up 12.6% YoY).