ITC Q3 Results FY2025: Dividend announcement in quarterly earnings; Check preview and expectations

ITC Q3 Earnings Preview: ITC Limited is all set to announce its quarterly results or Q3 results FY2025. The company could also announce to reward its investors by declaring an interim dividend.

According to an exchange filing by ITC, its board will meet on Thursday (February 6) to approve the financial statement for three-month quarter ended on December 31, 2024 (Q3). The board will also take up a proposal for declaring an interim dividend. The board may the dividend record date along with amount.

“…the Board of Directors of the Company has been convened for Thursday, 6th February, 2025, inter alia, to: (a) consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company along with the Unaudited Segment-wise Revenue, Results, Assets and Liabilities for the Quarter and Nine Months ended 31st December, 2024; and (b) consider declaration of Interim Dividend for the financial year ending on 31st March, 2025,” ITC had said in a filing earlier.

ITC Q3 Results, Earnings Preview

According to ET NOW poll, ITC could see a decline of around 5 per cent in standalone net profit YoY to Rs 5,290 crore. The Kolkata-headquartered company had earned a net profit of Rs 5,572 crore in the same quarter of the previous fiscal.

ITC is estimated to report a double-digit revenue growth during the quarter ended December 2024, on a standalone basis. The revenue is pegged at Rs 18,456 crore in the quarter under preview, up 12 per cent from Rs 16,483 crore posted in December 2023 quarter. EBITDA is seen at Rs 6,402 crore versus Rs 6,024 crore, up 6.3 per cent YoY.

The company’s margin could contract by 180 bps to 34.7 per cent in the third quarte, according to ET NOW poll.

ITC Q3 Results: Key Expectations

ITC’s cigarette business volume is expected to grow in the range of 3.5 per cent to 5 per cent in Q3 while sales could growth by 7 per cent YoY.

ITC’s FMCG business is estimated to report a mid-single digit growth during the quarter ended December 2024. ET NOW poll expects the FMCG business to see a moderate growth of 5 per cent.

Inflation in leaf tobacco and agri commodities to weigh on margins in October to December quarter of FY2024-25.

ITC’s paper segment could remain weak in Q3, the ET NOW poll said, adding that the agriculture and hotels business would perform well.

ITC Q3 Earnings: 5 Things To Watch

1. Demand outlook on rural vs urban.

2. Competitive intensity.

3. Raw materials trends.

4. Agri business outlook.

5. Pricing strategy.