ITC2023-10-012023-12-31 ITC2023-10-012023-12-31 ITC2023-10-012023-12-31in-bse-fin:OneOperatingExpenses01Member ITC2023-10-012023-12-31in-bse-fin:OneOperatingExpenses02Member ITC2023-10-012023-12-31in-bse-fin:FourOperatingExpenses01Member ITC2023-10-012023-12-31in-bse-fin:FourOperatingExpenses02Member ITC2023-12-31 ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue01Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue02Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue03Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue04Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue05Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentRevenue06Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue01Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue02Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue03Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue04Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue05Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentRevenue06Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults01Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults02Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults03Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults04Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults05Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentResults06Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults01Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults02Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults03Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults04Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults05Member ITC2023-10-012023-12-31in-bse-fin:FourReportableSegmentResults06Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets01Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets02Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets03Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets04Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets05Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentAssets06Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities01Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities02Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities03Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities04Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities05Member ITC2023-10-012023-12-31in-bse-fin:OneReportableSegmentLiabilities06Member ITC2023-12-31in-bse-fin:OneReportableSegmentLiabilities06Member ITC2023-10-012023-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2023-10-012023-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2023-10-012023-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member ITC2023-10-012023-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500875 ITC NOTLISTED ITC Limited Equity 2023-04-01 2024-03-31 2024-01-29 2024-01-15 INR Crores Third quarter 14:45:00 18:30:00 2024-01-29 2024-01-29 Not applicable Multi segment 2023-10-01 2023-12-31 Unaudited Consolidated 194845000000.00 6568300000.00 201413300000.00 57156300000.00 15793700000.00 -2531500000.00 15863900000.00 136000000.00 4594500000.00 43524400000.00 134537300000.00 66876000000.00 -55200000.00 66820800000.00 12388000000.00 427700000.00 12815700000.00 0.00 54005100000.00 0.00 0.00 0.00 60100000.00 54065200000.00 2989700000.00 57054900000.00 53352300000.00 712900000.00 56342100000.00 712800000.00 12475600000.00 1 4.28 4.26 0.00 0.00 4.28 4.26 1. The Unaudited Consolidated 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 29th January, 2024. 2. 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'. 3. 46,94,150 Ordinary Shares of Re. 1/- each were issued and allotted under the Company’s Employee Stock Option Schemes during the quarter ended 31st December, 2023. Consequently, the issued and paid-up Share Capital of the Company stands increased to Rs. 12,47,56,08,671/- as on 31st December, 2023. 4. The Stock Exchanges have given their no-objection to the Scheme of Arrangement for demerger of the Company’s Hotels Business into ITC Hotels Limited. The said Scheme of Arrangement was approved by the Board of Directors of the Company at the meeting held on 14th August, 2023, subject to necessary approvals. Further, expenses aggregating Rs. 5.52 Crores incurred during the quarter and nine months ended 31st December, 2023 in relation to the said demerger has been disclosed as ‘Exceptional Items’. 5. The Company has reassessed its provisions relating to uncertain tax positions for earlier years based on a favourable order of the Hon’ble Supreme Court received during the quarter. This has resulted in a credit of Rs. 468.44 Crores in the Current Tax expense for the quarter and nine months ended 31st December, 2023. 6. The Company on 18th October, 2023 had entered into definitive agreements to acquire further shares of Delectable Technologies Private Limited (Delectable), an associate company. On 31st October, 2023, the Company acquired 2,286 Equity Shares of Rs. 10/- each of Delectable, consequent to which the Company's shareholding in that company aggregated 39.32% of its share capital on a fully diluted basis. 7. The Board of Directors of the Company have declared an Interim Dividend of Rs. 6.25 per Ordinary Share of Re. 1/- each (2023 – Rs. 6.00 per Ordinary Share). The Record Date fixed for the purpose of determining entitlement of the Members for the Interim Dividend is Thursday, 8th February, 2024 and such Dividend will be paid between Monday, 26th February, 2024 and Wednesday, 28th February, 2024 to those Members entitled thereto. 8. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Multi segment 2023-04-01 2023-12-31 Unaudited Consolidated 573940000000.00 20440100000.00 594380100000.00 162222400000.00 46879000000.00 -2499700000.00 45764000000.00 333700000.00 13549500000.00 125293000000.00 391541900000.00 202838200000.00 -55200000.00 202783000000.00 45910300000.00 1507400000.00 47417700000.00 0.00 155365300000.00 0.00 0.00 0.00 241200000.00 155606500000.00 9331000000.00 164937500000.00 153382300000.00 2224200000.00 162716400000.00 2221100000.00 12475600000.00 1 12.32 12.28 0.00 0.00 12.32 12.28 Excise Duty 14651300000.00 Other Expenses 28873100000.00 Excise Duty 44357000000.00 Other Expenses 80936000000.00 Agri Business 32732300000.00 FMCG - Cigarettes 82951800000.00 FMCG - Others 52182500000.00 Hotels 8724600000.00 Others 9500400000.00 Paperboards, Paper & Packaging 20809100000.00 Agri Business 129880000000.00 FMCG - Cigarettes 249790500000.00 FMCG - Others 156942100000.00 Hotels 21723600000.00 Others 26833400000.00 Paperboards, Paper & Packaging 62715500000.00 206900700000.00 647885100000.00 13522300000.00 78049300000.00 193378400000.00 569835800000.00 Agri Business 3806600000.00 FMCG - Cigarettes 49665700000.00 FMCG - Others 4338000000.00 Hotels 2334700000.00 Others 1771500000.00 Paperboards, Paper & Packaging 2952200000.00 Agri Business 10918100000.00 FMCG - Cigarettes 149134700000.00 FMCG - Others 13100700000.00 Hotels 5007200000.00 Others 4188400000.00 Paperboards, Paper & Packaging 10812800000.00 64868700000.00 193161900000.00 136000000.00 333700000.00 -2088100000.00 1. ‘Revenue from operations’ should be read as ‘Gross Revenue from sale of products and services’. 2. ‘Other Unallocable Expenditure net off Unallocable income’ should be read as ‘Other un-allocable (income) net of un-allocable expenditure [Refer Note]’. 3. Exceptional items of Rs. 5.52 Crores (Refer note 4 to the standalone financial results) has been adjusted with ‘Other Unallocable Expenditure net off Unallocable income’ of Rs. (214.33) Crores for the three months ended 31.12.2023 and Rs. (1001.00) Crores for the nine months ended 31.12.2023. Note: As stock options and stock appreciation linked reward units are granted under the ITC Employee Stock Option Schemes (ITC ESOS) and ITC Employee Cash Settled Stock Appreciation Linked Reward Plan (ITC ESARP), respectively, 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. -9954800000.00 66820800000.00 202783000000.00 Agri Business 50710500000.00 FMCG - Cigarettes 94799500000.00 FMCG - Others 129366000000.00 Hotels 84480800000.00 Others 34519400000.00 Paperboards, Paper & Packaging 92645800000.00 486522000000.00 430774600000.00 917296600000.00 Agri Business 10945000000.00 FMCG - Cigarettes 54676600000.00 FMCG - Others 24935200000.00 Hotels 11182300000.00 Others 12411900000.00 Paperboards, Paper & Packaging 12942800000.00 127093800000.00 35759800000.00 162853600000.00 Items that will not be reclassified to profit and loss 3081000000.00 Items that will not be reclassified to profit and loss 9274300000.00 3081000000.00 9274300000.00 357000000.00 424500000.00 Items that will be reclassified to profit and loss 306600000.00 Items that will be reclassified to profit and loss 516300000.00 306600000.00 516300000.00 40900000.00 35100000.00