Overview
- Consolidated net profit rose to about Rs 5,186.55 crore, while consolidated revenue from operations eased to roughly Rs 21,255.86 crore year-on-year.
- On a standalone basis, net profit increased 2% to Rs 5,179.82 crore as revenue declined 3.4% to Rs 18,021.25 crore, with EBITDA margin improving to 34.7%.
- Cigarettes grew 6.8% and FMCG (others) rose about 7%, whereas agri revenue fell around 31% and paperboards and packaging gained roughly 5%.
- The company cited GST transition effects and excessive rains for short-term FMCG disruption, noted elevated leaf tobacco consumption costs, and flagged moderation in procurement prices in the current crop cycle.
- The board approved voluntary delisting from the Calcutta Stock Exchange and recommended Amitabh Kant’s appointment as an independent director, with results noting subsidiary amalgamations that affect comparability.