ITC Announces Quarterly Results (4QFY19); Net Profit Up 18.7%

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

  • MyStocks

MEMBER'S LOGINX

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

ITC Announces Quarterly Results (4QFY19); Net Profit Up 18.7%
Tue, 14 May

ITC has announced its results for the quarter ended March 2019. Here is a detailed performance review of the same:

ITC Quarterly Financials

No. of Mths
Qtr. Ending
3
Mar-18*
3
Dec-18*
3
Mar-19*
QoQ ChangeYoY Change
Net SalesRs m108,132114,313122,0606.8%12.9%
Other incomeRs m5,1658,3647,402-11.5%43.3%
TurnoverRs m113,297122,677129,4625.5%14.3%
ExpensesRs m66,69271,05576,3447.4%14.5%
Gross profitRs m41,44043,25845,7175.7%10.3%
DepreciationRs m3,0403,3543,5024.4%15.2%
InterestRs m232567738.0%-66.7%
Profit before taxRs m43,33348,21249,5392.8%14.3%
TaxRs m14,00616,12114,720-8.7%5.1%
Profit after taxRs m29,32732,09134,8198.5%18.7%
Gross profit margin%38.337.837.5
Effective tax rate%32.333.429.7
Net profit margin%25.926.226.9
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 12.9% on a year-on-year (YoY) basis. The expenses were up by 14.5% YoY during the same period.
  • The company's operating profit increased by 10.3% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 37.5% in 4QFY19 as against 38.3% in 4QFY18.
  • Depreciation charges increased by 15.2% and finance costs declined by 66.7% YoY, respectively.
  • Other income increased by 43.3% YoY during the quarter.
  • Net profit for the quarter increased by 18.7% YoY. Net profit margins during the quarter increased from 25.9% in 4QFY18 to 26.9% in 4QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 6.8% on a quarter-on-quarter (QoQ) basis. The expenses were up by 7.4% QoQ during the same period.
  • The company's operating profit declined by 5.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 37.5% in 4QFY19 as against 37.8% in 3QFY18.
  • Net profit for the quarter increased by 8.5% QoQ, while net profit margins increased from 26.2% in 3QFY18 to 26.9% in 4QFY19.

To see how ITC has performed over the last eight quarters, please visit here.

ITC Share Price Performance

Over the last one year, ITC share price has moved up from Rs 284.5 to Rs 289.3, registering a Gain of Rs 4.9 or around 1.7%.

Overall, the S&P BSE SENSEX is up 4.2% over the year.

Current Valuations

At the current price of Rs 289.3, the price to earnings (P/E) ratio of ITC stands at 28.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 6.7 times.

Equitymaster requests your view! Post a comment on "ITC Announces Quarterly Results (4QFY19); Net Profit Up 18.7%". Click here!

  

Related Views on News

ITC Announces Quarterly Results (2QFY20); Net Profit Up 36.2% (Quarterly Result Update)

Nov 1, 2019 | Updated on Nov 1, 2019

For the quarter ended September 2019, ITC has posted a net profit of Rs 40 bn (up 36.2% YoY). Sales on the other hand came in at Rs 119 bn (up 5.3% YoY). Read on for a complete analysis of ITC's quarterly results.

ITC Announces Quarterly Results (1QFY20); Net Profit Up 12.6% (Quarterly Result Update)

Aug 5, 2019 | Updated on Aug 5, 2019

For the quarter ended June 2019, ITC has posted a net profit of Rs 32 bn (up 12.6% YoY). Sales on the other hand came in at Rs 115 bn (up 5.8% YoY). Read on for a complete analysis of ITC's quarterly results.

ITC 2018-19 Annual Report Analysis (Annual Result Update)

Jun 17, 2019 | Updated on Jun 17, 2019

Here's an analysis of the annual report of ITC for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ITC. Also includes updates on the valuation of ITC.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Bet on These Smallcap Stocks for Success in 2020(Profit Hunter)

Jan 14, 2020

The smallcap rebound finally seems to here... Make sure you aren't too late to make the most of the biggest wealth making opportunity in a decade.

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

Guess Which Stocks Are Rising at Double the Speed of Sensex(Profit Hunter)

Jan 15, 2020

These stocks can move twice as fast as the Sensex - to take advantage of their money multiplying power get in now as the rally is still just taking shape.. read more to not miss out.

What the Infosys Results Tell Us About the Next Infosys(The 5 Minute Wrapup)

Jan 15, 2020

If you're interested in the next Infosys, I'll tell you where to look.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

ITC SHARE PRICE


Jan 22, 2020 (Close)

TRACK ITC

ITC - TIGER BRANDS COMPARISON

COMPARE ITC WITH

MARKET STATS