ITC Q4 net profit beats estimates; revenue falls 7%, declares ₹8 dividend

Diversified conglomerate ITC Ltd on Thursday (May 21) reported a 5% year-on-year increase in consolidated net profit for the March quarter at ₹5,113 crore, compared with ₹4,875 crore in the corresponding quarter last year. The company’s net profit came in above the CNBC-TV18 poll estimate of ₹4,995 crore.

Revenue from operations declined 7% year-on-year to ₹16,050 crore from ₹17,248.7 crore. The figure was below the CNBC-TV18 poll estimate of ₹18,275 crore.

EBITDA for the quarter rose 7.2% year-on-year to ₹6,426 crore from ₹5,994 crore, exceeding the CNBC-TV18 poll estimate of ₹6,275 crore. EBITDA margin expanded to 40% from 34.8% a year ago. The CNBC-TV18 poll had estimated margins at 34.3%.

Also Read: ITC Limited says FMCG demand improving in India, no immediate slowdown seen

The company’s board recommended a final dividend of ₹8 per ordinary share of ₹1 each for the financial year ended March 31, 2026, subject to shareholder approval at the 115th Annual General Meeting scheduled for Thursday, July 23, 2026.

ITC said the final dividend, if approved, will be paid between Friday, July 24, 2026 and Wednesday, July 29, 2026. The company had earlier declared an interim dividend of ₹6.50 per share on January 29, 2026. Total dividend for FY26 stands at ₹14.50 per ordinary share of ₹1 each. ITC has fixed Wednesday, May 27, 2026, as the record date for determining shareholder entitlement for the final dividend.

Shares of ITC Ltd ended at ₹308.00, up by ₹0.45, or 0.15%, on the BSE.