ITC adjusted PAT rises 6.5% in Q4, declares final dividend of Rs 5.75

The board has recommended a final dividend of Rs 5.75 per share; cigarette revenues rose 13.1% at Rs 6,508.43 crore

Cigarettes-to-hotels major ITC  on Tuesday reported a 22.64 per cent increase in consolidated revenue from operations for the quarter ended March, 2021, but clocked in a 2.7 per cent drop in profit after tax compared to the year-ago period, which included a lower tax cost.

The company, however, said that comparable Q4 PAT was up 6.5 per cent, after adjusting for one-time benefit in the corresponding quarter of the previous year.

Consolidated profit after tax stood at Rs 3,819.62 crore for the quarter ended March 31, 2021. It was at Rs 3,926.72 crore in the corresponding quarter of the previous