ITC Q4 net profit up 19% YoY; firm announces dividend of Rs 5.75/ share

ITC on Monday reported an 18.7 per cent year-on-year (YoY) rise in its net profit at Rs 3,481.90 crore for the quarter ended March 2019. The company had logged profit of Rs 2,932.71 crore in the year-ago period. 

Total income from operations stood at Rs 12,946.21 crore, up 14.26 per cent against Rs 11,329.74 crore in the corresponding quarter of the previous fiscal.

The company also appointed managing director (MD) Sanjiv Puri as the chairman, who will replace YC Deveshwar, who passed away on Saturday.

The consumer conglomerate beat analysts estimates on PAT front as Reliance Securities, in its results preview note, had