Integrated Filing — IndAS



General information about company
Scrip Code 500875
NSE Symbol ITC
MSEI Symbol NOTLISTED
ISIN INE154A01025
Name of company ITC Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 01-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 18-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 01-Aug-2025   14:30:00
End date and time of board meeting 01-Aug-2025   17:05:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default by the Company on its loans. The Company has not issued any debt securities.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 210589800000
Other income 6620800000
Total income 217210600000
2 Expenses
(a) Cost of materials consumed 61711000000
(b) Purchases of stock-in-trade 39158300000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -145100000
(d) Employee benefit expense 9154700000
(e) Finance costs 129300000
(f) Depreciation, depletion and amortisation expense 3653100000
(f) Other Expenses
1 Excise Duty 13090700000 13090700000
2 Other Expenses 25007500000 25007500000
Total other expenses 38098200000
Total expenses 151759500000
3 Total profit before exceptional items and tax 65451100000
4 Exceptional items 0
5 Total profit before tax 65451100000
6 Tax expense
7 Current tax 15779600000
8 Deferred tax 547900000
9 Total tax expenses 16327500000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 49123600000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 49123600000
17 Other comprehensive income net of taxes 1888300000
18 Total Comprehensive Income for the period 51011900000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 12517500000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.93
Diluted earnings (loss) per share from continuing operations 3.92
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.93
Diluted earnings (loss) per share from continuing and discontinued operations 3.92
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. ‘Revenue from operations’ includes ‘Gross Revenue from sale of products and services’ and ‘Other operating revenue’. n n2. ‘Changes in inventories of finished goods, work-in-progress and stock-in-trade’ should be read as ‘Changes in inventories of finished goods, Stock-in-Trade, work-in-progress and intermediates’. n n3. ‘Depreciation, depletion and amortisation expense’ should be read as ‘Depreciation and amortization expense’. n nNOTES TO STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2025 n n1. The unaudited Standalone Financial Results and Segment Results were reviewed by the Audit Committee, and approved by the Board of Directors of the Company at its meeting held on 1st August, 2025. n n2. The continuing significant brand building costs covering a range of personal care and branded packaged food products are reflected under 'Other expenses' stated above and in Segment Results under 'FMCG-Others'. n n3. 34,22,360 Ordinary Shares of Re. 1/- each were issued and allotted under the Company’s Employee Stock Option Schemes during the quarter ended 30th June, 2025. Consequently, the issued and paid-up Share Capital of the Company stands increased to nRs. 1251,75,42,141/- as on 30th June, 2025. n n4. The Company on 21st May, 2025 acquired 594 Equity Shares of Rs. 10/- each and 2,201 Compulsorily Convertible Preference Shares of Rs. 10/- each of Mother Sparsh Baby Care Private Limited (Mother Sparsh), an associate company, consequent to which the Company’s shareholding in Mother Sparsh aggregated 39.47% of its share capital on a fully diluted basis. n n5. The Company on 13th June, 2025 acquired the entire share capital of Sresta Natural Bioproducts Private Limited (SNBPL), consequent to which SNBPL became a wholly owned subsidiary of the Company and its subsidiaries viz., Fyve Elements LLC, USA and Sresta Global FZE, UAE, became step-down wholly owned subsidiaries of the Company with effect from the said date. n n6. The Board of Directors of the Company at the meeting held today i.e. 1st August, 2025 has approved, subject to necessary approvals, the Scheme of Amalgamation of Sresta Natural Bioproducts Private Limited and Wimco Limited, wholly owned subsidiaries, with the Company under Sections 230 and 232 of the Companies Act, 2013. Pending approval, no effect of the same has been given in these results. n n7. Discontinued Operations represents operations of the Hotels Business of the Company (excluding ITC Grand Central, Mumbai) which was demerged pursuant to the Scheme of Arrangement amongst the Company and ITC Hotels Limited and their respective shareholders and creditors under Sections 230 to 232 read with the other applicable provisions of the Companies Act, 2013 (‘the Scheme’) w.e.f. 1st January, 2025, being the Appointed Date and the Effective Date of the Scheme. Comparative information has been presented accordingly. n nBrief particulars of the Discontinued Operations are given as under (Rs. in Crores): n nSr. No. - Particulars - 3 Months ended 30.06.2025 (Unaudited) - Corresponding 3 Months ended 30.06.2024 (Unaudited) - Preceding 3 Months ended 31.03.2025 (Audited) - Twelve Months ended 31.03.2025 (Audited) n na - Revenue from Operations - 0 - 644.89 - 0 - 2277.73 nb - Total Income - 0 - 647.62 - 0 - 2296.94 nc - Total Expenses - 0 - 514.49 - 0 - 1724.42 nd - Profit Before Exceptional Items and Tax (b-c) - 0 - 133.13 - 0 - 572.52 ne - Exceptional Items - 0 - (3.04) - 15179.43 - 15163.06 nf - Tax Expenses - 0 - 32.57 - 492.57 - 631.82 ng - Profit from Discontinued Operations (d+e-f) - 0 - 97.52 - 14686.86 - 15103.76 n n8. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 FMCG - Cigarettes 85200400000 85200400000
2 FMCG - Others 57770100000 57770100000
3 Agri Business 96850300000 96850300000
4 Paperboards, Paper & Packaging 21157600000 21157600000
5 Others 680100000 680100000
Total Segment Revenue 261658500000
Less: Inter segment revenue 52549000000 52549000000
Revenue from operations 209109500000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 FMCG - Cigarettes 51452800000 51452800000
2 FMCG - Others 3974900000 3974900000
3 Agri Business 4338800000 4338800000
4 Paperboards, Paper & Packaging 1626200000 1626200000
5 Others -66000000 -66000000
Total Profit before tax 61326700000
i. Finance cost 129300000 129300000
ii. Other Unallocable Expenditure net off Unallocable income -4253700000 -4253700000
Profit before tax 65451100000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 FMCG - Cigarettes 100718200000 100718200000
2 FMCG - Others 160980900000 160980900000
3 Agri Business 92846100000 92846100000
4 Paperboards, Paper & Packaging 97734200000 97734200000
5 Others 1932700000 1932700000
Total Segment Asset 454212100000 454212100000
Un-allocable Assets 450915600000 450915600000
Net Segment Asset 905127700000 905127700000
4 Segment Liabilities
Segment Liabilities
1 FMCG - Cigarettes 59757700000 59757700000
2 FMCG - Others 26098600000 26098600000
3 Agri Business 17979400000 17979400000
4 Paperboards, Paper & Packaging 13647200000 13647200000
5 Others 403600000 403600000
Total Segment Liabilities 117886500000 117886500000
Un-allocable Liabilities 55963100000 55963100000
Net Segment Liabilities 173849600000 173849600000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) 1. 'Revenue from Operations' should be read as 'Gross Revenue from sale of products and services'. n n2. ‘Other Unallocable Expenditure net off Unallocable income’ should be read as ‘Other un-allocable (income) net of un-allocable expenditure [Note (ii)]’. n n3. In case of 3 months ended 30.06.2025, ‘Un-allocable Assets’ includes Nil ‘Discontinued Operations*’ and ‘Unallocated Corporate Assets’ of Rs. 45091.56 Crores. n n4. In case of 3 months ended 30.06.2025, ‘Un-allocable Liabilities’ includes Nil ‘Discontinued Operations*’ and ‘Unallocated Corporate Liabilities’ of Rs. 5596.31 Crores. n n* Refer Note 7 to the Standalone Financial Results. n nNote (i): In respect of FMCG-Others segment, earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter ended 30.06.2025 is Rs. 545.57 Crores (quarter ended 30.06.2024 - Rs. 619.30 Crores, quarter ended 31.03.2025 - Rs. 489.96 Crores and twelve months ended 31.03.2025 - Rs. 2163.92 Crores). nttttttttt nNote (ii): As stock options and stock appreciation linked reward units are granted to align the interests of employees with those of shareholders and also to attract and retain talent for the enterprise as a whole, the charge thereof do not form part of the segment performance reviewed by the Corporate Management Committee. n



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 1770300000 1770300000
Total Amount of items that will not be reclassified to profit and loss 1770300000
2 Income tax relating to items that will not be reclassified to profit or loss 271900000
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit or loss 471400000 471400000
Total Amount of items that will be reclassified to profit and loss 471400000
4 Income tax relating to items that will be reclassified to profit or loss 81500000
5 Total Other comprehensive income 1888300000