Physical Address
Bengaluru, Karnataka
Physical Address
Bengaluru, Karnataka
Let's make informed investment choices
Let's make informed investment choices

ITC Annual Report FY24-25 highlights its commitment to transitioning from a predominantly cigarette-focused business to a diversified FMCG powerhouse. While cigarette revenue remains robust, the FMCG segment, showing growth through strategic acquisitions and product launches, faces challenges in achieving long-term revenue goals. Despite margin pressures, ITC's diversified investments provide stability and future growth potential.

Summary:
ITC, founded in 1910 as Imperial Tobacco Company, operates businesses in agriculture, infotech, hotels, FMCG, paper, and packaging. ITC annual report for FY23-24 reveals ₹69,446 crore gross revenue, 25+ mother brands, green energy usage, and skilling of 1 lakh+ youth. Aashirvaad is the largest FMCG brand of ITC, and the company is expanding its FMCG food and personal care segments.