ITC2024-07-012024-09-30 ITC2024-07-012024-09-30 ITC2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member ITC2024-07-012024-09-30in-bse-fin:OneOperatingExpenses02Member ITC2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member ITC2024-07-012024-09-30in-bse-fin:FourOperatingExpenses02Member ITC2024-09-30 ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue03Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue04Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue05Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue06Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue03Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue04Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue05Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue06Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults03Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults04Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults05Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults06Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults03Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults04Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults05Member ITC2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults06Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets03Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets04Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets05Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets06Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities03Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities04Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities05Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities05Member ITC2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities06Member ITC2024-09-30in-bse-fin:OneReportableSegmentLiabilities06Member ITC2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member ITC2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 500875 ITC NOTLISTED ITC Limited Equity 2024-04-01 2025-03-31 2024-10-24 2024-10-08 INR Crores Half yearly 15:45:00 19:05:00 2024-10-24 2024-10-24 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 222818900000.00 6159600000.00 228978500000.00 62224000000.00 15870100000.00 13345200000.00 16327400000.00 163800000.00 5203700000.00 47434400000.00 160568600000.00 68409900000.00 -11500000.00 68398400000.00 17078700000.00 856500000.00 17935200000.00 0.00 50463200000.00 0.00 0.00 0.00 81100000.00 50544300000.00 -4124500000.00 46419800000.00 49928700000.00 615600000.00 45807000000.00 612800000.00 12507600000.00 1 3.99 3.99 0.00 0.00 3.99 3.99 1. ‘Revenue from operations’ includes ‘Gross Revenue from sale of products and services’ and ‘Other operating revenue’. 2. ‘Purchase of stock-in-trade’ should be read as ‘Purchase of Stock-in-Trade and Biological Assets’. 2. ‘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, intermediates and Biological Assets’. 3. ‘Depreciation, depletion and amortisation expense’ should be read as ‘Depreciation and amortization expense’. NOTES TO STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30.09.2024 1. The Unaudited Consolidated Financial Results, Segment Results, Balance Sheet and Statement of Cash Flows were reviewed by the Audit Committee, and approved by the Board of Directors of the Company at its meeting held on 24th October, 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. 2,28,77,230 Ordinary Shares of Re. 1/- each were issued and allotted under the Company’s Employee Stock Option Schemes during the quarter ended 30th September, 2024. Consequently, the issued and paid-up Share Capital of the Company stands increased to Rs. 1250,75,98,701/- as on 30th September, 2024. 4. The Hon’ble National Company Law Tribunal, Kolkata Bench (NCLT), vide Order dated 4th October, 2024, has sanctioned the Scheme of Arrangement amongst ITC Limited 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); certified copy of the NCLT Order is awaited. The Scheme will be effective on the first day of the following month after filing of certified copy of the aforesaid NCLT Order with the Registrar of Companies, West Bengal, and fulfilling other conditions & matters referred to in the Scheme. Consequently, no effect of the same has been given in the above results. Further, expenses aggregating Rs. 1.15 Crores and Rs. 4.19 Crores incurred during the quarter and six months ended 30.09.2024 (quarter ended 30.06.2024 - Rs. 3.04 Crores and twelve months ended 31.03.2024 - Rs. 7.57 Crores) in relation to the said demerger has been disclosed as ‘Exceptional Items’. 5. The Company on 25th September, 2024 acquired 1,413 Compulsorily Convertible Preference Shares of Rs. 10/- each of Sproutlife Foods Private Limited (Sproutlife), an associate company, consequent to which the Company's shareholding in Sproutlife aggregated 47.50% of its share capital on a fully diluted basis. 6. Figures presented as “...” are below the rounding off norm adopted by the Group. 7. This statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 423114900000.00 13108400000.00 436223300000.00 117139400000.00 46982300000.00 154900000.00 33056800000.00 276300000.00 10189400000.00 90679600000.00 298478700000.00 137744600000.00 -41900000.00 137702700000.00 34133800000.00 1412000000.00 35545800000.00 0.00 102156900000.00 0.00 0.00 0.00 157300000.00 102314200000.00 -6463900000.00 95850300000.00 100844600000.00 1469600000.00 94383500000.00 1466800000.00 12507600000.00 1 8.07 8.06 0.00 0.00 8.07 8.06 Excise Duty 15460200000.00 Other Expenses 31974200000.00 Excise Duty 31182900000.00 Other Expenses 59496700000.00 5261600000.00 248141200000.00 13865600000.00 3348900000.00 7797300000.00 26376900000.00 46400000.00 0.00 5614100000.00 144795700000.00 0.00 35500000.00 11016300000.00 155847500000.00 766000000.00 22431400000.00 484235300000.00 177748700000.00 133681800000.00 58252300000.00 7921800000.00 49395100000.00 59200000.00 12245100000.00 261555300000.00 0.00 17172800000.00 456476800000.00 0.00 0.00 940712100000.00 12507600000.00 740153900000.00 752661500000.00 757923100000.00 17600000.00 0.00 5823300000.00 5840900000.00 2970900000.00 22705100000.00 0.00 1716500000.00 33233400000.00 250200000.00 49362400000.00 20044600000.00 69657200000.00 62777300000.00 1125700000.00 15995400000.00 0.00 149555600000.00 0.00 0.00 182789000000.00 940712100000.00 1. ‘Other non-current assets’ includes ‘Right-of-use Assets’ of Rs. 920.43 Crores, ‘Income Tax Assets (Net)’ of Rs. 34.19 Crores and ‘Other non-current assets’ of Rs. 1288.52 Crores. 2. ‘Other current assets’ includes ‘Biological assets other than bearer plants’ of Rs. 169.30 Crores and ‘Other current assets’ of Rs. 1547.98 Crores. 3. ‘Other non-current financial liabilities’ includes ‘Lease liabilities’ of Rs. 221.74 Crores and ‘Other financial liabilities’ of Rs. 360.59 Crores. 4. ‘Trade payables, current’ includes ‘Total outstanding dues of micro enterprises and small enterprises’ of Rs. 189.61 Crores and ‘Total outstanding dues of creditors other than micro enterprises and small enterprises’ of Rs. 4746.63 Crores. 5. ‘Other current financial liabilities’ includes ‘Lease liabilities’ of Rs. 55.82 Crores and ‘Other financial liabilities’ of Rs. 1948.64 Crores. Agri Business 58452500000.00 FMCG-Cigarettes 88778600000.00 FMCG-Others 55852900000.00 Hotels 7891600000.00 Others 10042700000.00 Paperboards, Paper & Packaging 21141800000.00 Agri Business 128431400000.00 FMCG-Cigarettes 177200800000.00 FMCG-Others 110840900000.00 Hotels 15024600000.00 Others 19503100000.00 Paperboards, Paper & Packaging 40910300000.00 242160100000.00 491911100000.00 20884200000.00 71514200000.00 221275900000.00 420396900000.00 Agri Business 4468400000.00 FMCG-Cigarettes 52422900000.00 FMCG-Others 4442400000.00 Hotels 1166700000.00 Others 1815800000.00 Paperboards, Paper & Packaging 2349100000.00 Agri Business 7914400000.00 FMCG-Cigarettes 104973500000.00 FMCG-Others 9234100000.00 Hotels 2388800000.00 Others 3070400000.00 Paperboards, Paper & Packaging 4910600000.00 66665300000.00 132491800000.00 163800000.00 276300000.00 -1978000000.00 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 [Note (i)]’. 3. In case of 3 months ended 30.09.2024, ‘Other Unallocable Expenditure net off Unallocable income’ includes ‘Other un-allocable (income) net of un-allocable expenditure [Note (i)]’ of Rs. (190.84) Crores, Exceptional Items * of Rs. 1.15 Crores and Share of Profit / (Loss) of associates and joint ventures of Rs. 8.11 Crores. 4. In case of 6 months ended 30.09.2024, ‘Other Unallocable Expenditure net off Unallocable income’ includes ‘Other un-allocable (income) net of un-allocable expenditure [Note (i)]’ of Rs. (552.91) Crores, Exceptional Items * of Rs. 4.19 Crores and Share of Profit / (Loss) of associates and joint ventures of Rs. 15.73 Crores * Refer note 4 to the Consolidated Financial Results. 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. -5644500000.00 68479500000.00 137860000000.00 Agri Business 76194400000.00 FMCG-Cigarettes 106194100000.00 FMCG-Others 150036100000.00 Hotels 89376400000.00 Others 39342500000.00 Paperboards, Paper & Packaging 98865600000.00 560009100000.00 380703000000.00 940712100000.00 Agri Business 14749300000.00 FMCG-Cigarettes 60969900000.00 FMCG-Others 24995800000.00 Hotels 11192100000.00 Others 11818000000.00 Paperboards, Paper & Packaging 13195900000.00 136921000000.00 45868000000.00 182789000000.00 276300000.00 -37573800000.00 -21152400000.00 0.00 0.00 0.00 0.00 0.00 0.00 6915700000.00 0.00 0.00 0.00 10189400000.00 78900000.00 0.00 0.00 0.00 0.00 -59300000.00 121200000.00 7401600000.00 603300000.00 -4837300000.00 0.00 0.00 245000000.00 0.00 0.00 -52837000000.00 84865700000.00 0.00 0.00 0.00 27477300000.00 0.00 57388400000.00 0.00 0.00 314487600000.00 287596400000.00 0.00 0.00 0.00 0.00 1180200000.00 11996800000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 22600000.00 66500000.00 0.00 0.00 376600000.00 6209700000.00 0.00 9545000000.00 0.00 32249800000.00 0.00 0.00 6236400000.00 0.00 0.00 0.00 0.00 0.00 155000000.00 0.00 0.00 340300000.00 93670400000.00 436600000.00 0.00 -19000000.00 -88074900000.00 1563300000.00 392700000.00 1956000000.00 5965800000.00 7921800000.00 Items that will not be reclassified to profit or loss -5650500000.00 Items that will not be reclassified to profit or loss -7794000000.00 -5650500000.00 -7794000000.00 15000000.00 -237700000.00 Items that will be reclassified to profit or loss 1578600000.00 Items that will be reclassified to profit or loss 1180600000.00 1578600000.00 1180600000.00 37600000.00 88200000.00