ITC2020-01-012020-03-31in-bse-fin:OneOperatingExpenses01Member ITC2020-01-012020-03-31in-bse-fin:OneOperatingExpenses02Member ITC2020-01-012020-03-31in-bse-fin:FourOperatingExpenses01Member ITC2020-01-012020-03-31in-bse-fin:FourOperatingExpenses02Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue01Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue02Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue03Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue04Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentRevenue05Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue01Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue02Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue03Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue04Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentRevenue05Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults01Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults02Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults03Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults04Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentResults05Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults01Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults02Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults03Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults04Member ITC2020-01-012020-03-31in-bse-fin:FourReportableSegmentResults05Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets01Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets02Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets03Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets04Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentAssets05Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member ITC2020-03-31in-bse-fin:OneReportableSegmentLiabilities01Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member ITC2020-03-31in-bse-fin:OneReportableSegmentLiabilities02Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities03Member ITC2020-03-31in-bse-fin:OneReportableSegmentLiabilities03Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities04Member ITC2020-03-31in-bse-fin:OneReportableSegmentLiabilities04Member ITC2020-01-012020-03-31in-bse-fin:OneReportableSegmentLiabilities05Member ITC2020-03-31in-bse-fin:OneReportableSegmentLiabilities05Member ITC2020-01-012020-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2020-01-012020-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member ITC2020-01-012020-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member ITC2020-01-012020-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ITC 2019-04-01 2020-03-31 2020-06-12 INR Crores Yearly Multi segment 2020-01-01 2020-03-31 Audited Standalone 114200400000.00 7555400000.00 121755800000.00 32542300000.00 9872600000.00 -1744300000.00 6665300000.00 147300000.00 3925000000.00 25229200000.00 76637400000.00 45118400000.00 0.00 45118400000.00 8527000000.00 -1379400000.00 7147600000.00 0.00 37970800000.00 0.00 0.00 0.00 0.00 37970800000.00 -7612100000.00 30358700000.00 0.00 0.00 12292200000.00 1 3.09 3.09 0.00 0.00 3.09 3.09 1.t‘Revenue from operations’ includes ‘Gross Revenue from sale of products and services’ and ‘Other operating revenue’. n n2.t‘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.t‘Depreciation, depletion and amortisation expense’ should be read as ‘Depreciation and amortization expense’. n nNOTES TO STATEMENT OF STANDALONE FINANCIAL RESULTS FOR THE FINANCIAL YEAR ENDED 31.03.2020 n n1tThe audited Standalone Financial Results and Segment Results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at the meeting held on 26th June, 2020. n n2tThe 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 n3tDuring the quarter ended 31st March, 2020, 11,05,470 Ordinary Shares of Re. 1/- each were issued and allotted under the Company’s Employee Stock Option Schemes. Consequently, the issued and paid-up Share Capital of the Company as on 31st March, 2020 stands increased to Rs. 1229,22,31,241/-. n n4tExceptional items represent cost of leaf tobacco stocks (including taxes) destroyed at a third party owned warehouse due to fire, for which insurance claim has been filed and is under process. t n n5tThe Company has exercised the option permitted under Section 115BAA of the Income-tax Act, 1961 as introduced by the Taxation Laws (Amendment) Ordinance, 2019. Accordingly, the Deferred Tax Liabilities (net) as at 31st March, 2019 and the estimate of Tax Expense for the year ended 31st March, 2020 were re-measured in the quarter ended September 30, 2019. The resultant favourable impact of Rs. 1020.00 Crores has been recognised over the three quarters of the financial year commencing from quarter ended 30th September, 2019. Consequently, Tax Expense for the quarter ended 31st March, 2020 includes a credit of Rs. 340.00 Crores (quarter ended 31st December, 2019 - Rs. 340.00 Crores). t n n6tThe Company, on 23rd May, 2020, entered into a Share Purchase Agreement (SPA) to acquire 100% of the equity share capital of Messrs. Sunrise Foods Private Limited, an Indian company primarily engaged in the business of spices under the trademark ‘Sunrise’, subject to fulfilment of various terms and conditions as specified in the SPA. n n7tThe Company has considered the possible effects that may arise out of the still unfolding COVID-19 pandemic on the carrying amounts of property, plant & equipment, intangible assets, investments, inventories, trade receivables, etc. For this purpose, the Company has considered internal and external sources of information up to the date of approval of the Standalone Financial Results including credit reports and related information, economic forecasts, market value of certain investments etc. Based on the current estimates, the Company does not expect any significant impact on such carrying values. The impact of COVID-19 on the Company's financial statements may differ from that estimated as at the date of approval of Standalone Financial Results. n n8tThe Board of Directors of the Company has recommended a dividend of Rs. 10.15 per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2020 and the dividend, if declared, will be paid on Tuesday, 8th September, 2020 to those Members entitled thereto. n n9tThe Register of Members of the Company shall remain closed for the purpose of dividend from Wednesday, 8th July, 2020 to Thursday, 9th July, 2020. n n10tThe 109th Annual General Meeting of the Company has been convened for Friday, 4th September, 2020. n n11tThis statement is as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Multi segment 2019-04-01 2020-03-31 Audited Standalone 468073400000.00 30136600000.00 498210000000.00 131217600000.00 42897100000.00 -1763400000.00 26582100000.00 557200000.00 15632700000.00 90097500000.00 305220800000.00 192989200000.00 -1321100000.00 191668100000.00 44419700000.00 -4112100000.00 40307600000.00 0.00 151360500000.00 0.00 0.00 0.00 0.00 151360500000.00 -13818100000.00 137542400000.00 0.00 0.00 12292200000.00 1 627999400000.00 12.33 12.31 0.00 0.00 12.33 12.31 Excise Duty 5777600000.00 Other Expenses 19451600000.00 Excise Duty 11876400000.00 Other Expenses 78221100000.00 Agri Business 18872600000.00 FMCG - Cigarettes 51305300000.00 FMCG - Others 31835500000.00 Hotels 4657500000.00 Paperboards, Paper & Packaging 14588600000.00 Agri Business 102407200000.00 FMCG - Cigarettes 212017400000.00 FMCG - Others 128442300000.00 Hotels 18372800000.00 Paperboards, Paper & Packaging 61071800000.00 121259500000.00 522311500000.00 8259000000.00 59074300000.00 113000500000.00 463237200000.00 Agri Business 1231100000.00 FMCG - Cigarettes 34030000000.00 FMCG - Others 1469500000.00 Hotels 426000000.00 Paperboards, Paper & Packaging 2857000000.00 Agri Business 7889200000.00 FMCG - Cigarettes 148525500000.00 FMCG - Others 4230500000.00 Hotels 1577500000.00 Paperboards, Paper & Packaging 13053300000.00 40013600000.00 175276000000.00 147300000.00 1878300000.00 -5252100000.00 1.t'Revenue from Operations' should be read as 'Gross Revenue from sale of products and services'. n n2.t‘Other Unallocable Expenditure net off Unallocable income’ should be read as ‘Other un-allocable (income) net of un-allocable expenditure [Note (ii)]. n n3.tFinance Costs of the Twelve Months ended 31st March, 2020 includes Exceptional Items * of Rs. 132.11 Crores, which in the absence of any appropriate field have been merged together. n n* Refer note 4 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 and twelve months ended 31.03.2020 is Rs. 256.47 Crores and Rs. 914.00 Crores respectively (quarter ended 31.12.2019 - Rs. 255.82 Crores; quarter ended 31.03.2019 - Rs. 228.27 Crores and twelve months ended 31.03.2019 - Rs. 688.25 Crores). n nNote (ii): 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. -18270400000.00 45118400000.00 191668100000.00 Agri Business 40305900000.00 FMCG - Cigarettes 69039100000.00 FMCG - Others 86945300000.00 Hotels 66460800000.00 Paperboards, Paper & Packaging 68238500000.00 330989600000.00 421364000000.00 752353600000.00 Agri Business 10982900000.00 FMCG - Cigarettes 39911100000.00 FMCG - Others 21336100000.00 Hotels 8580600000.00 Paperboards, Paper & Packaging 7647300000.00 88458000000.00 23604000000.00 112062000000.00