• ITC reported 10% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended June (Q1FY23). On a year-on-year (YoY) basis, it witnessed a growth of 37%.
  • Its expenses for the quarter were up by 12% QoQ and 39% YoY.
  • The net profit increased by 5% QoQ and 34% on a YoY basis.
  • The earnings per share (EPS) of ITC stood at 3.6 during Q1FY23.

ITC’s Financial Statements for Q1FY23:

(Rs, crores) Q1FY22 Q4FY22 Q1FY23 QoQ (%) YoY (%)
Total Income 14,688 18,253 20,152 10% 37%
Total Expenses 10,220 12,632 14,202 12% 39%
Profit before tax 4,467 5,620 5,950 6% 33%
Tax 1,124 1,361 1,488 9% 32%
Profit after tax 3,344 4,266 4,472 5% 34%
Earnings per share 2.7 3.4 3.6    

Data Source: BSE, Company announcements

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