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Share the post "ITC ‘s Q3 2024-25 Latest News: Profit Rises by 1.19% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 3.62 % in the past year, decrease in net sales/revenue by -10.94 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 42.91 %. Marginal increase in other income during this quarter, up by 84%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for ITC Limited. Notable increase of 1.19 % in net profit Year to Year, ITC Limited’s profitability increased by 11.03 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 0.89 % Year to Year. EPS increased by 11.08 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 16483.25 Cr | Rs. 19327.72 Cr | Rs. 18290.24 Cr | -10.94 % | + 3.62 % |
| Expenses | Rs. 10458.96 Cr | Rs. 12992.55 Cr | Rs. 12461.86 Cr | -4.08 % | + 19.15 % |
| Operating Profit | Rs. 6024.29 Cr | Rs. 6335.17 Cr | Rs. 5828.38 Cr | -8 % | -3.25 % |
| OPM % | 36.55 % | 32.78 % | 31.87 % | -0.91 % | -4.68 % |
| Other Income | Rs. 1129.82 Cr | Rs. 877.47 Cr | Rs. 1614.58 Cr | + 84 % | + 42.91 % |
| Interest | Rs. 12.38 Cr | Rs. 14.78 Cr | Rs. 7.57 Cr | -48.78 % | -38.85 % |
| Depreciation | Rs. 416.75 Cr | Rs. 444.33 Cr | Rs. 361.82 Cr | -18.57 % | -13.18 % |
| Profit before tax | Rs. 6724.98 Cr | Rs. 6753.53 Cr | Rs. 7073.57 Cr | + 4.74 % | + 5.18 % |
| Tax % | 17.14 % | 24.8 % | 23.36 % | -1.44 % | + 6.22 % |
| Net Profit | Rs. 5572.07 Cr | Rs. 5078.34 Cr | Rs. 5638.25 Cr | + 11.03 % | + 1.19 % |
| EPS in Rs | Rs. 4.45 | Rs. 4.06 | Rs. 4.5 | + 10.84 % | + 1.12 % |
Today, we’re looking at ITC Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 3.62 %. However, it did see a marginal slip of -10.94 % from the previous quarter. Expenses decreased slightly by -4.08 % quarter-on-quarter, aligning with the annual rise of 19.15 %. Operating profit, while down -3.25 % compared to last year, faced a quarter-on-quarter dip of -8 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.68 %, but a shrinkage of -0.91 % sequentially. Other income rose by 84 % compared to the last quarter, despite an annual growth of 42.91 %. Interest expenses dropped significantly by -48.78 % from the previous quarter, yet the year-over-year decrease remains at a moderate -38.85 %. Depreciation costs fell by -18.57 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.18 %. Profit before tax grew annually by 5.18 % but saw an increase from the preceding quarter by 4.74 %.
Tax expenses as a percentage of profits increased slightly by 6.22 % compared to last year, with a more notable quarter-on-quarter decrease of -1.44 %. Net profit rose by 1.19 % year-on-year but experienced a 11.03 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.12 % but a quarterly rise of 10.84 %. In summary, ITC Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 16483.25 Cr | Rs. 19327.72 Cr | Rs. 18290.24 Cr | -10.94 % | + 3.62 % |
| Expenses | Rs. 10458.96 Cr | Rs. 12992.55 Cr | Rs. 12461.86 Cr | -4.08 % | + 19.15 % |
| Operating Profit | Rs. 6024.29 Cr | Rs. 6335.17 Cr | Rs. 5828.38 Cr | -8 % | -3.25 % |
| Net Profit | Rs. 5572.07 Cr | Rs. 5078.34 Cr | Rs. 5638.25 Cr | + 11.03 % | + 1.19 % |
| EPS in Rs | Rs. 4.45 | Rs. 4.06 | Rs. 4.5 | + 10.84 % | + 1.12 % |
In reviewing ITC Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.62 % year-on-year growth, although there was a slight dip of -10.94 % from the previous quarter. Expenses rose by 19.15 % compared to the previous year, with a decrease of -4.08 % quarter-on-quarter. Operating Profit dropped by -3.25 % annually, and saw a -8 % decrease from the last quarter.
Net Profit showed yearly increase of 1.19 %, and experienced a 11.03 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.12 % annually, however rose by 10.84 % compared to the last quarter. In essence, while ITC Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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