ITC’s Q1FY23 Quarter Results

ITC reported 37% YoY revenue growth
  • 02 Aug 2022
  • ITC reported 10% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 37%.
  • Its expenses for the quarter were up by 12% QoQ and 39% YoY.
  • The net profit increased by 5% QoQ and 34% on a YoY basis.
  • The earnings per share (EPS) of ITC stood at 3.6 during Q1FY23.

ITC’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income
14,688
18,253
20,152
10%
37%
Total Expenses
10,220
12,632
14,202
12%
39%
Profit before tax
4,467
5,620
5,950
6%
33%
Tax
1,124
1,361
1,488
9%
32%
Profit after tax
3,344
4,266
4,472
5%
34%
Earnings per share
2.7
3.4
3.6

Data Source: BSE, Company announcements

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