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Q3 FY 23 Results and outlook
Company declared an aggregate equity dividend of Rs 11.5 per share during last one year.
ITC posted a NP of Rs 5,031 cr in the December quarter, up 21% YoY, and a marginally 2.3% higher revenue from operations of Rs 16,226 crore.
EBITDA surged 25% YoY to Rs 5,183.5 crore, OPM jumped by a whopping 574 bps in Q3 FY23 to 31.95% due to price hikes and an improved mix.
Returns
ITC shares are quite bullish and trading positive -
gone up by by whopping 70% on yearly basis,
gone up by 22% in the last 6 months and
gone up by 15% in the last 1 month
Currently trading year high and is technically bullish trading 50, 100, and 200 DMA
Any declines in the price will present a golden opportunity to add the blue chip share to your portfolio.