ITC: Encouraging margin improvement… - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

ITC: Encouraging margin improvement…

Jan 17, 2003

Tobacco major, ITC Limited, has reported over 12% growth in net sales and an encouraging 22% bottomline growth in 3QFY03. The numbers of the December quarter last year have been restated to include ITC Bhadrachalam Paperboards, consequently making the numbers comparable.

(Rs m) 3QFY02 3QFY03 Change 9mFY02 9mFY03 Change
Gross sales 25,428 27,794 9.3% 73,764 83,550 13.3%
Net Sales 13,084 14,676 12.2% 36,748 43,459 18.3%
Other Income 220 342 55.9% 1,027 1,095 6.7%
Expenditure 8,386 9,280 10.7% 21,906 26,656 21.7%
Operating Profit (EBDIT) 4,698 5,396 14.9% 14,842 16,804 13.2%
Operating Profit Margin (%) 35.9% 36.8%   40.4% 38.7%  
Interest (net) 135 69 -48.9% 526 239 -54.6%
Depreciation 510 612 20.1% 1,476 1,732 17.4%
Profit before Tax 4,273 5,058 18.4% 13,867 15,928 14.9%
Tax 1,617 1,823 12.7% 4,834 5,449 12.7%
Profit after Tax/(Loss) 2,656 3,235 21.8% 9,034 10,479 16.0%
Net profit margin (%) 20.3% 22.0%   24.6% 24.1%  
No. of Shares (eoy) (m) 247.5 247.5   247.5 247.5  
Diluted Earnings per share* 42.9 52.3   48.7 56.5  
*(annualised)          
Current P/e ratio   13.0     12.1  

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

ITC SHARE PRICE


Dec 1, 2021 (Close)

TRACK ITC

ITC - VST INDUSTRIES COMPARISON

COMPARE ITC WITH

MARKET STATS