ITC Limited
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. ITC Limited's past years’ income statements indicate that its last revenue has increased compared to the previous period by 17% to $703,154,900,000. The net income raised on $204,587,800,000 and profit margin reached 29%. Total operating expenses were $82,460,600,000.
Profit Margin
| 2010 | 191.35B | 42.10B | 22% |
|---|---|---|---|
| 2011 | 222.73B | 50.69B | 22.76% |
| 2012 | 261.79B | 63.33B | 24.19% |
| 2015 | 384.33B | 96.63B | 25.14% |
| 2016 | 390.66B | 99.11B | 25.37% |
| 2018 | 431.22B | 112.71B | 26.14% |
| 2019 | 478.39B | 125.92B | 26.32% |
| 2021 | 489.52B | 131.61B | 26.89% |
| 2022 | 600.81B | 152.42B | 25.37% |
| 2024 | 703.15B | 204.58B | 29.1% |
ITC.NS Income Statement (2010 – 2023)
| 2023 | 2021 | 2020 | 2018 | 2017 | 2015 | 2014 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 703.15B | 600.81B | 489.52B | 478.39B | 431.22B | 390.66B | 384.33B | 261.79B | 222.73B | 191.35B |
Cost of revenue | 281.85B | 267.46B | 204.05B | 177.21B | 161.24B | 140.59B | 150.09B | 103.65B | 81.18B | 69.71B |
Gross profit | 421.30B | 333.34B | 285.47B | 301.17B | 269.98B | 250.07B | 234.24B | 158.13B | 141.55B | 121.63B |
Operating exp. | ||||||||||
Research and development | 1.70B | 1.99B | 1.68B | 1.92B | 1.79B | 1.40B | 940.7M | 0 | 0 | 0 |
Selling and marketing | 16.35B | 10.67B | 11.36B | 10.64B | 9.72B | 9.83B | 8.69B | 20.26B | 67.97B | 58.93B |
Total operating expenses | 82.46B | 144.39B | 131.16B | 129.59B | 117.14B | 110.44B | 102.64B | 64.81B | 67.20B | 59.18B |
Operating income | 344.49B | 188.70B | 154.12B | 171.14B | 152.84B | 139.62B | 131.59B | 93.32B | 74.34B | 62.45B |
Other income (expenses), net | -73.09B | 18.70B | -45.91B | 20.35B | 21.24B | 13.68B | 12.02B | -1.64B | 0 | 0 |
Income before tax | 271.39B | 207.40B | 179.38B | 191.49B | 174.09B | 154.33B | 143.62B | 91.68B | 74.34B | 62.45B |
Income tax expense | 63.88B | 52.37B | 45.55B | 63.13B | 59.16B | 53.71B | 45.96B | 28.45B | 23.65B | 20.34B |
Net income | 204.58B | 152.42B | 131.61B | 125.92B | 112.71B | 99.11B | 96.63B | 63.33B | 50.69B | 42.10B |
Earnings per share | ||||||||||
Basic EPS | 16.42 | 12.38 | 10.7 | 10.3 | 9.26 | 7.75 | 8.07 | 5.36 | 4.35 | 3.67 |
Diluted EPS | 16.38 | 12.37 | 10.7 | 10.24 | 9.2 | 7.71 | 8 | 5.30 | 4.3 | 3.63 |
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