ITC Hotels, a wholly owned subsidiary of ITC, has advised that the Competition Commission of India (CCI), vide letter dated 28 May 2024, has accorded approval to the proposed combination relating to demerger of the Demerged Undertaking comprising the Hotels Business of ITC into ITC Hotels on a going concern basis.Powered by Capital Market - Live News

ITC announced that the 113th Annual General Meeting(AGM) of the company will be held on 26 July 2024.Powered by Capital Market - Live News

Net profit of ITC declined 1.06% to Rs 5120.55 crore in the quarter ended March 2024 as against Rs 5175.48 crore during the previous quarter ended March 2023. Sales rose 2.26% to Rs 17767.61 crore in the quarter ended March 2024 as against Rs 17375.78 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.60% to Rs 20458.78 crore in the year ended March 2024 as against Rs 19191.66 crore during the previous year ended March 2023. Sales rose 0.10% to Rs 70315.49 crore in the year ended March 2024 as against Rs 70245.22 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales17767.6117375.78 2 70315.4970245.22 0 OPM %37.2938.12 -37.3436.54 - PBDT7297.467221.50 1 28936.2327602.22 5 PBT6836.026760.10 1 27119.8425793.21 5 NP5120.555175.48 -1 20458.7819191.66 7 Powered by Capital Market - Live News

ITC announced that the Board of Directors of the Company at its meeting held on 23 May 2024, has recommended a Final dividend of Rs.7.5 per share (i.e.750%), subject to the approval of the shareholders.Powered by Capital Market - Live News

ITC will hold a meeting of the Board of Directors of the Company on 23 May 2024Powered by Capital Market - Live News