ITC turnover up 17 pc to Rs. 30,604 crore

The ITC posted yet another stellar performance in its Centenary Year of operations recording an impressive topline growth and high quality earnings reflecting the robustness of its corporate strategy of creating multiple drivers of growth.

Gross turnover for the year grew by 17 per cent to `30,604.39 crore. Net turnover at `21167.58 crore grew by 17 per cent primarily driven by a 23 per cent growth in the non-cigarette FMCG businesses, 23 per cent growth in agri business and 18 per cent in the hotels segment.

Pre-tax profits increased by 21 per cent to `7268.16 crore, while post-tax profits at `4987.61 crore registered a growth of 23 per cent. Earnings Per Share for the year stood at `6.49 (previous year - adjusted for Bonus Issue - `5.34).