ITC Limited Revenue, Profits - ITCTY Annual Income Statement
Financial analysis of ITC Limited involves more than just checking the ITC Limited stock price, by looking at the financial statements of the company in detail. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. The income statement for ITCTY which shows a YOY revenue growth of 8.03% is specific to a period of time. Investors typically check YoY or QoQ revenue growth. One also needs to look at ITC Limited assets, operating expenses and ITC Limited free cash flow. The ITC Limited profit and loss statement shows revenue of $6.64B for 2017. Revenue has grown by 8.03% YOY for ITCTY stock.
View revenue and profit details for latest and last 10 financial years.| Fiscal year is Apr - Mar | 2017 | 2016 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
ITC Limited Revenues or Net Sales | 6.64B | 6.15B | 6.02B | 5.98B | 5.43B | 4.88B | 4.04B | 3.56B | 3.64B |
| Cost Of Goods Sold (COGS) | 2.3B | 2.06B | 2.2B | 2.23B | 2.03B | 1.78B | 1.47B | 1.39B | 1.47B |
ITC Limited Gross Profit | 4.34B | 4.08B | 3.83B | 3.75B | 3.41B | 3.1B | 2.57B | 2.17B | 2.16B |
| Research & Development Expense | - | - | - | - | - | 16.97M | 17.31M | 23.96M | 8.99M |
| Selling General & Admin Expense | 629.42M | 449.66M | 415.7M | 394.79M | 1.4B | 1.46B | 1.21B | 1.04B | 1.02B |
| Income Before Depreciation Depletion Amortization | 3.71B | 3.63B | 3.41B | 3.36B | 2.01B | 1.62B | 1.33B | 1.11B | 1.13B |
| Depreciation Depletion Amortization | 171.76M | 167.01M | 160.17M | 158.07M | 145.98M | 153.1M | 135.86M | 126.62M | 117.27M |
| Non Operating Income | -1.15B | -1.14B | -1.08B | -1.14B | 13.7M | 170.05M | 130.58M | 111.62M | 145.37M |
| Interest Expense | 3.62M | 8.77M | 1.05M | 16.04M | 16.28M | 10.99M | 11.26M | 4.07M | 1.55M |
ITC Limited Pretax Income | 2.39B | 2.31B | 2.17B | 2.04B | 1.86B | 1.63B | 1.32B | 1.09B | 1.16B |
| Provision for Income Taxes | 826.81M | 805.79M | 674.11M | 627.82M | 571.64M | 518.03M | 429.37M | 354.33M | 371.25M |
| MinorityInterest | 27.98M | 23.67M | 18.22M | 17.73M | - | 13.38M | 10.3M | 8.92M | 7.01M |
| Investment Gains Losses | - | 1.23M | - | - | - | - | - | - | - |
| Other Income | - | - | 1.75M | 2M | - | 2.1M | 1.31M | 1.33M | 1.94M |
| Income Before Extraordinaries & Disc Operations | 1.53B | 1.49B | 1.48B | 1.4B | 1.29B | 1.1B | 879.48M | 724.76M | 783.12M |
| Extraordinary Items & Discontinued Operations | - | - | - | - | - | - | - | - | - |
ITC Limited Profit/ Loss (Net Income) | 1.53B | 1.49B | 1.48B | 1.4B | 1.29B | 1.1B | 879.48M | 724.76M | 783.12M |
| Average Shares used to compute Diluted EPS | 12.18B | - | 8.02B | 7.86B | 7.86B | 7.69B | 3.78B | 3.77B | 3.76B |
| Average Shares used to compute Basic EPS | 12.18B | - | 7.92B | 7.77B | 7.77B | 7.69B | 3.78B | 3.77B | 3.76B |
| Income Before Nonrecurring Items | 1.52B | - | 1.48B | 1.31B | 1.13B | 1.09B | 856.87M | 711.46M | 773.78M |
| Income from Nonrecurring Items | - | - | - | - | - | - | - | - | - |
ITC Limited Earnings Per Share Basic Net | 0.12 | 0.19 | 0.19 | 0.17 | 0.15 | 0.14 | 0.23 | 0.19 | 0.21 |
ITC Limited Earnings Per Share Diluted Net | - | - | - | - | - | - | - | - | - |
| EPS Diluted Before Nonrecurring Items | 0.12 | - | 0.18 | 0.17 | 0.14 | 0.14 | 0.22 | 0.19 | 0.20 |
| Preferred Dividends Acc Pd | - | - | - | - | - | - | - | - | - |
| Dividends Common | - | - | - | - | - | - | - | - | - |
| Dividend Per Share Common | 0.11 | 0.08 | 0.07 | 0.06 | 0.08 | 0.19 | 0.06 | 0.00 | 0.06 |
The key things to look for in an income statement while doing ITC Limited stock analysis are:
- Revenue: This is the inflow that is generated from the sale of goods or services and is $6.64B for this year of 2017. Our ITC Limited revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
- Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. ITCTY stock had a healthy bottom line growth.
The income statement is also called the profit and loss statement. Apart from the ITCTY income statement, one can check the ITC Limited historical stock prices to check how the price has moved with time.