ITC Limited — Important, 06-02-2025: General Updates

Gross revenue for the quarter showed a robust increase of 8.4% year-on-year, reaching ₹18,953 crore, supported by significant contributions from the Agri Business, Hotels, and Cigarettes segments. The company reported an EBITDA growth of 2.9%, with PAT rising 1.2% to ₹5,638 crore. The FMCG segment faced challenges, with a 4% revenue increase due to muted demand; however, the Ex-Notebooks performance improved by 5.2%. Cigarettes net segment revenue grew 8.1% led by strategic interventions against illicit trade, while the Agri Business experienced a strong revenue uptick of 9.7%, bolstered by value-added products. The Hotels segment achieved record performance prior to its demerger, driven by retail and F&B growth, with a notable 14.6% increase in revenue. Despite ongoing inflationary pressures on key inputs, the company maintained a positive outlook, supported by effective cost management strategies and sustained marketing investments. Investors should monitor the evolving performance dynamics amid external economic challenges, but the long-term growth trajectory remains optimistic.