ITC Net Worth: ITC is one of India’s foremost private sector companies and a diversified conglomerate with businesses spanning Fast Moving Consumer Goods, Hotels, Paperboards and Packaging, Agri-Business, and Information Technology. ITC’s operating income and operating profit fell by 4.3% and 11.2% respectively on a year-on-year basis.
ITC Net Worth
Currently, the market value of ITC is estimated at around 2620.53 billion Indian rupees in the year 2021. The total assets of the company are 590.09 billion Indian rupees. In the fiscal year 2021, ITC suffered a fall in its net worth as it amounted to 590.04 billion Indian rupees. While it recorded a net worth of 640.29 billion Indian rupees in the previous year which was said to be a quite remarkable increase in the company’s worth in the last five years.
ITC Monthly Turnover / Profits & Loss
ITC also manages some subsidiary companies under its brand as ITC Hotels, ITC Paperboards and Specialty Papers Division, ITC Infotech, and Sunrise Foods. It employs over 36,500 people at more than 60 locations. The company’s quarterly revenue for June of 2021 stood at 133.88 billion Indian rupees. Making ITC earn a profit of about 30.13 billion Indian rupees by the end of June 2021. While other income increased by 1.3%.
ITC Annual Turnover / Profits & Loss
ITC Limited has observed a 17.16% fall in its net profit and a year-on-year jump in its total income with an increase of 21.72% since 2017. The company’s equity nearly amounts to 12.30 billion Indian rupees. The Annual income of the company stood at 487.36 billion Indian rupees. ITC Limited scored a net income of 130.31 billion Indian rupees for the 2021 fiscal year. The total liabilities of the company amounted to 590.09 billion Indian rupees. Eventually, ITC received an annual turnover of around 485.24 billion Indian rupees.