Below are the financial statements of ITC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in INR | 2024 | 2023 |
|---|---|---|
| Revenue from operations | 76,840.49a | 76,518.21a |
| Other income | 2,727.84a | 1,980.49a |
| Total income | 79,568.33a | 78,498.7a |
| Expenses | — | — |
| Cost of materials consumed | -21,772.58a | -20,275.99a |
| Purchases of stock-in-trade and biological assets | -6,063.32a | -9,088.37a |
| Changes in inventories of finished goods, stock-in-trade, work-in-progress, intermediates and biological assets | -588.69a | -358.59a |
| Excise duty | -5,959.49a | -5,581.36a |
| Employee benefits expense | -6,134.35a | -5,736.22a |
| Finance costs | -45.96a | -43.2a |
| Depreciation and amortization expense | -1,816.39a | -1,809.01a |
| Other expenses | -11,245.09a | -10,529.93a |
| Total expenses | -52,448.49a | -52,705.49a |
| Share of profit/(loss) of associates and joint ventures | 27.61a | 49.04a |
| Profit before exceptional items and tax | 27,147.45a | 25,842.25a |
| Exceptional items | -7.57a | 72.87a |
| Profit before tax | 27,139.88a | 25,915.12a |
| Tax expense | — | — |
| Current tax | -6,165.27a | -6,450.9a |
| Deferred tax | -223.25a | -12.5a |
| Profit for the year | 20,751.36a | 19,476.72a |
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