![ITC Q4 results: Profit drops marginally to ₹5,120 cr](https://images.assettype.com/fortuneindia%2F2023-01%2F76956ae1-e2b0-4dd3-a152-7f626eaaefcf%2FGettyImages_1243872149_copy.jpg?rect=0,323,6020,3010&w=300&q=95)
ITC Q4 results: Profit drops marginally to ₹5,120 cr
During the quarter under review, the company’s revenue from operations stood at ₹19,446 crore, as against ₹19,058.29 crore in the same period last year, down 1.9%.
During the quarter under review, the company’s revenue from operations stood at ₹19,446 crore, as against ₹19,058.29 crore in the same period last year, down 1.9%.
The FMCG heavyweight became the 11th BSE-listed entity to touch ₹5 lakh crore mark after shares scaled a new all-time high of ₹402.60 in intraday trade.
Cheering Q4 results, ITC shares rallied nearly 5% as most analysts remain bullish on the stock with a potential upside of up to 16% from the current market price.