How has been the historical performance of ITC?

Answer:The historical performance of ITC shows a consistent growth trajectory in net sales and profits over the years, with net sales reaching 75,323.34 Cr in Mar'25, up from 67,931.94 Cr in Mar'24 and 70,936.85 Cr in Mar'23. The total operating income also reflects this upward trend, increasing to 75,323.34 Cr in Mar'25 from 67,931.94 Cr in Mar'24. Operating profit (PBDIT) for Mar'25 was reported at 28,507.90 Cr, slightly higher than 27,943.01 Cr in the previous year. However, profit after tax saw a decrease to 19,926.05 Cr in Mar'25 from 20,176.39 Cr in Mar'24, despite the overall net profit increasing significantly to 34,746.63 Cr in Mar'25 from 20,458.78 Cr in Mar'24, largely due to exceptional items.

Breakdown:
ITC's financial performance over the years demonstrates a robust growth in net sales, which increased from 49,272.78 Cr in Mar'21 to 75,323.34 Cr in Mar'25. The total operating income followed a similar pattern, reflecting a steady rise, with a notable increase in operating profit (PBDIT) from 19,635.26 Cr in Mar'21 to 28,507.90 Cr in Mar'25. Despite a slight dip in profit after tax in Mar'25, the overall net profit surged due to exceptional items, indicating strong operational performance. The company's total liabilities decreased to 88,002.70 Cr in Mar'25 from 91,753.97 Cr in Mar'24, while total assets also saw a decline to 88,002.70 Cr in Mar'25. Cash flow from operating activities remained positive, with a cash flow of 17,627.00 Cr in Mar'25, indicating healthy liquidity. Overall, ITC's financial metrics reflect a solid growth trajectory, with fluctuations in profit margins and net profit influenced by exceptional items.