Revenue increased by 2% to Rs 19,446 crore, but ITC's Q4 profit decreased slightly to Rs 5,191 crore.

The global conglomerate ITC Ltd. reported a minor decline in its consolidated net profit, which came to Rs. 5,190.71 crore, for the quarter that ended on March 31, 2024. A sustained downturn in consumer demand was the reason given for this decline. In the equivalent quarter of the previous financial year, the company reported a net profit of Rs 5,242.59 crore, according to the regulatory filing made by ITC.

Revenue increased by 2% to Rs 19,446 crore, but ITC's Q4 profit decreased slightly to Rs 5,191 crore.

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