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Q3 results today: Over 900 companies including Aditya Birla Sun Life AMC, Adani Green Energy, Bajaj Finance, BEL, GAIL, ITC, L&T, Marico, NTPC, PEL, SRF Ltd, Sun Pharma, Tata Motors, and UPL are slated to unveil their Q4 results 2024 on January 29.
ITC Q3 earnings: Emkay Global expects ITC to report a 7 per cent year-on-year (YoY) rise in net profit at Rs 5,373.80 crore compared with Rs 5,031 crore in the same quarter last year. It expects sales for ITC to rise 8 per cent YoY
ITC Ltd on Monday reported 10.8% year-on-year growth in net profit at Rs 5,572 crore for the third quarter ending December 23, while gross revenue went up by 2.1% to Rs 17,483 crore. Both revenue and profit exceeded street estimates.
FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The company's EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore
David Robert Simpson was on the ITC board as a representative of Tobacco Manufacturers (India) Ltd, a subsidiary of British American Tobacco plc.