ITC's Q1 FY25 Financial Results Show Positive Trend in Sales and Profits

ITC, a largecap company in the cigarettes/tobacco industry, has recently declared its financial results for the quarter ending March 2024. The stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, ITC’s performance for the quarter has been flat. However, there has been an improvement in the company’s score, which has increased from 0 to 3 in the last three months.

One of the key highlights of ITC’s financials for the quarter is its net sales, which have been the highest in the last five quarters at Rs 18,457.33 crore. The near-term sales trend for the company is also positive.

Another positive aspect of ITC’s financials is its operating profit (PBDIT), which has also been the highest in the last five quarters at Rs 6,748.41 crore. The near-term trend for operating profit is also positive.

ITC’s profit before tax less other income (PBT) has also been the highest in the last five quarters at Rs 6,238.59 crore. The near-term trend for PBT is also positive.

Overall, ITC’s financial results for the quarter ending March 2024 show a positive trend in terms of sales and profits. However, it is important to note that this is not a recommendation to invest in the company’s stock. Investors are advised to do their own research and make informed decisions.