ITC surges on reporting 12% rise in Q4 consolidated net profit
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
ITC is currently trading at Rs. 273.80, up by 7.30 points or 2.74% from its previous closing of Rs. 266.50 on the BSE.
The scrip opened at Rs. 264.20 and has touched a high and low of Rs. 279.15 and Rs. 263.00 respectively. So far 1364362 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 279.15 on 19-May-2022 and a 52 week low of Rs. 200.85 on 09-Jul-2021.
Last one week high and low of the scrip stood at Rs. 267.65 and Rs. 253.00 respectively. The current market cap of the company is Rs. 342093.58 crore.
The Institutions holding in the company stood at 54.76%, while Non-Institutions held 45.24%.
ITC has reported a marginal rise of 11.81% in its net profit at Rs 4,190.96 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 3748.42 crore for the same quarter in the previous year. Total income of the company increased by 14.54% at Rs 17,100.08 crore for Q4FY22 as compared Rs 14928.95 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 11.60% in its net profit at Rs 4259.68 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 3816.84 crore for the same quarter in the previous year. Total income of the company decreased by 14.19% at Rs 18252.64 crore for Q4FY22 as compared Rs 15983.86 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a rise of 15.55% in its net profit at Rs 15,057.83 crore as compared to Rs 13,031.68 crore for the previous year. Total income of the company increased by 20.40% at Rs 62,335.53 crore for year under review as compared to Rs 51,775.55 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 15.65% in its net profit at Rs 15,485.65 crore as compared to Rs 13,389.80 crore for the previous year. Total income of the company increased by 20.17% at Rs 67,041.31 crore for year under review as compared to Rs 55,787.68 crore for year ended March 31, 2021.
