ITC Limited

ITC.NS

Financial Statements

Income Statement (Annual)

Amounts in millions

2025

3/31/2025

Revenue

9,039

Cost of Revenue

3,914

Gross Profit

5,125

Gross Margin

56.7%

Operating Income

4,166

Operating Margin

46.1%

Net Income

4,170

Net Margin

46.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

3,122

EBITDA Margin

34.5%

2024

3/31/2024

Revenue

8,152

Cost of Revenue

3,322

Gross Profit

4,830

Gross Margin

59.3%

Operating Income

3,945

Operating Margin

48.4%

Net Income

2,455

Net Margin

30.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

3,045

EBITDA Margin

37.4%

2023

3/31/2023

Revenue

8,512

Cost of Revenue

3,584

Gross Profit

4,929

Gross Margin

57.9%

Operating Income

4,030

Operating Margin

47.3%

Net Income

2,303

Net Margin

27.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

3,069

EBITDA Margin

36.1%

2022

3/31/2022

Revenue

7,280

Cost of Revenue

3,246

Gross Profit

4,034

Gross Margin

55.4%

Operating Income

3,266

Operating Margin

44.9%

Net Income

1,829

Net Margin

25.1%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

2,459

EBITDA Margin

33.8%

2021

3/31/2021

Revenue

5,913

Cost of Revenue

2,484

Gross Profit

3,428

Gross Margin

58.0%

Operating Income

2,704

Operating Margin

45.7%

Net Income

1,579

Net Margin

26.7%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

2,035

EBITDA Margin

34.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2025	2024	2023	2022	2021
Revenue	9,039	8,152	8,512	7,280	5,913
Cost of Revenue	3,914	3,322	3,584	3,246	2,484
Gross Profit	5,125	4,830	4,929	4,034	3,428
Gross Margin	56.7%	59.3%	57.9%	55.4%	58.0%
Operating Income	4,166	3,945	4,030	3,266	2,704
Operating Margin	46.1%	48.4%	47.3%	44.9%	45.7%
Net Income	4,170	2,455	2,303	1,829	1,579
Net Margin	46.1%	30.1%	27.1%	25.1%	26.7%
EPS (Basic)	$0.00	$0.00	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00
EBITDA	3,122	3,045	3,069	2,459	2,035
EBITDA Margin	34.5%	37.4%	36.1%	33.8%	34.4%