ITC standalone Q4FY24 PAT drops slightly toRs 5,020.2 cr; company declares final dividend | Indiablooms
ITC Ltd's standalone net profit fell 1.31% to Rs 5,020.2 crore.
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ITC Ltd's standalone net profit fell 1.31% to Rs 5,020.2 crore.
Total revenue from operations of the company rose 2 percent on year-on-year basis at Rs 17,651.85 crore from Rs 17,265 crore, ITC said
ITC's board has given an in-principle nod for the demerger of its hotels business. ITC currently has over 120 hotels and 11,600 keys across over 70 locations. Under the new scheme, the company would hold a stake of around 40% and the balance will be held by the companys shareholders proportionate to their shareholding in the company
ITC, despite facing a challenging business environment, has demonstrated strong performance across all operating segments as a result of its ITC Next strategy.The diversified conglomerate recently released its Annual Report for FY 2022-23, ...
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