ITC Q4 Profit Surges to Rs 19,807 cr, Revenue Flat - Business News

ITC Limited has reported a significant surge in its fourth-quarter profit, reaching Rs 19,807 crore, while its revenue remained flat. This remarkable profit growth highlights the company's strategic focus on enhancing operational efficiency and optimizing its diverse business portfolio. Despite the stagnant revenue, ITC's ability to boost profits underscores its resilience in navigating challenging market conditions. For the entire fiscal year 2024-25, ITC's profit rose by an impressive 68.9 percent, amounting to Rs 35,052 crore, compared to Rs 20,751 crore in the previous financial year. This substantial increase is attributed to the company's successful cost management strategies and strong performance across its key segments, including FMCG, hotels, and agribusiness. ITC's consistent focus on innovation and sustainability has also played a crucial role in driving profitability. While revenue figures remained steady, ITC's strategic investments in technology and brand-building initiatives have positioned the company for sustained growth. The flat revenue suggests a challenging business environment, yet ITC's robust profit margins reflect its adaptability and commitment to long-term value creation. As the company continues to leverage its strengths, it remains optimistic about future prospects in an evolving market landscape.

— Authored by Next24 Live