The FMCG major ITC is in the spotlight this week, which is accompanied by the major announcements set for the company in the coming weeks that can affect its stock performance. As the company determines to release its financial results for Q4Fy25 results, it also announced a plan to recommend the final dividend for its shareholders.
With the history of rewarding investors and mixed performance in their recent quarterly results, take a look at ITC’s upcoming earnings, dividend news, and more.
ITC’s Q4 Income Date announced
FMCG Sector Giants, ITC board has set a meeting on 22 May, which is to review and approve the financial results of the company for the quarter and the entire financial year ending March 2025.
Audited standalone and integrated results and also segment-wise revenue and assets will be announced.
ITC final dividend details
Apart from the earning release, the company will also recommend the final dividend for the financial year 2024-25. The company has constantly rewarded its shareholders with regular dividends, and this announcement is expected to generate interest among investors.
ITC dividend track record
ITC has paid 28 dividends since 2003, distributing Rs 14 per share alone in the last 12 months. The current dividend of the company is 3.25%.
Q3Fy25 Performance Repetition
In its Q3Fy25 results, ITC saw a decline of 7.27% in net profit, reported Rs 5,013 crore for the quarter, compared to Rs 5,406 crore in the same period last year.
However, the company’s profitability saw a dip. The company increased revenue of 9.05%, reaching Rs 20,349 crore. Operating expenses increased, with an increase of 12.18%.
ITC stock performance
During the previous year, various movements have been observed at the ITC share price. In the last month, stock has increased by 3.15%, but in the last six months, it has reduced by about 10%. Depending on YTD, Stock has given a negative return of 11%. The 52-week high is Rs 528.50, while the 52-week low is Rs 390.15.
