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Quarterly Results
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Audited Financial Results for the Quarter and Twelve Months ended 31st March, 2012
Part I: Statement of Audited Financial Results for the Quarter and Twelve Months ended 31st March, 2012 - Click here

Part II: Select information for the Quarter and Twelve months ended 31st March, 2012

A. Particulars of Shareholding
1. PUBLIC SHAREHOLDING - NUMBER OF SHARES - PERCENTAGE OF SHAREHOLDING 2. PROMOTERS AND PROMOTER GROUP SHAREHOLDING a) Pledged / Encumbered b) Non - encumbered

3 months ended 31.03.2012

Corresponding 3 months ended 31.03.2011 in the previous year

Preceding 3 months ended 31.12.2011

Twelve Months ended 31.03.2012

Twelve Months ended 31.03.2011

7794273319 99.69

7712612856 99.67

7772008729 99.69

7794273319 99.69

7712612856 99.67

Nil

Nil

Nil

Nil

Nil

N.A. N.A.

N.A. N.A.

N.A. N.A.

N.A. N.A.

N.A. N.A.

B. Investor Complaints
Pending at the beginning of the quarter Received during the quarter Disposed of during the quarter Remaining unresolved at the end of the quarter

3 months ended 31.03.2012

Nil Nil Nil Nil

Notes :

(i)

The audited Financial Results and Segment Results were reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on 25th May, 2012. Figures for the previous periods are re-classified / re-arranged / re-grouped, wherever necessary, as per the format revised by SEBI in conformity with the amended Schedule VI to the Companies Act, 1956.

(ii)

(iii) The figures for the last quarter are the balancing figures between the audited figures in respect of the full financial year and the year to date figures upto the third quarter of the financial year. (iv) The Company does not have any Exceptional or Extraordinary item to report for the above periods. (v) Gross Income comprises Gross Sales / Income from Operations, Other Operating Income and Other Income.

(vi) The launch and rollout costs of the Company's brands 'Fiama Di Wills', 'Vivel' and 'Superia' covering the range of personal care products of soaps, shampoos, conditioners, skin care, shower gels and face washes, and the continuing significant brand building costs of the Foods business are reflected under 'Other expenditure' stated above and in Segment Results under 'FMCG-Others'. (vii) During the quarter, 2,22,64,590 Ordinary Shares of Re. 1/- each were issued and allotted under the Companys Employee Stock Option Schemes. Consequently, the issued and paid-up Share Capital of the Company as on 31st March, 2012 stands increased to Rs. 7,81,84,24,300/-. (viii) During the quarter, the Company acquired the entire shareholding of Technico Pty Limited (TPL), a company incorporated in Australia, comprising 2,26,06,065 Ordinary Shares having no par value. Consequently TPL became a direct wholly owned subsidiary of the Company with effect from 26th March, 2012. (ix) WelcomHotels Lanka (Private) Limited (WLPL), a company incorporated in Sri Lanka, became a wholly owned subsidiary of the Company with effect from 4th May, 2012, consequent upon allotment of 37,65,000 Equity Shares (having no par value) to the Company by WLPL. (x) ITC Investments & Holdings Limited (ITC Holdings), Kolkata, became a wholly owned subsidiary of the Company with effect from 17th May, 2012, consequent upon allotment of 45,00,000 Equity Shares of Rs. 10/- each to the Company by ITC Holdings.

(xi) The Board of Directors of the Company has recommended a dividend of Rs. 4.50 per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2012 and the dividend, if declared at the 101st Annual General Meeting of the Company convened for Friday, 27th July, 2012, will be paid on 30th July, 2012 to those members entitled thereto. (xii) The Register of Members of the Company shall remain closed from Wednesday, 13th June, 2012 to Monday, 18th June, 2012, both days inclusive, for the purpose of dividend.

Registered Office : Virginia House, 37 J.L. Nehru Road, Kolkata 700 071, India Dated : 25th May, 2012 Place : Kolkata, India
Audited Segment-wise Revenue, Results and Capital

For and on behalf of the Board

Executive Director
Employed for the Twelve

Chairman
Months ended

31st March, 2012 - Click here

(Rs. in Crores)
STANDALONE STATEMENT OF ASSETS AND LIABILITIES
A. EQUITY AND LIABILITIES 1. SHAREHOLDERS' FUNDS a) Share Capital b) Reserves and surplus c) Money received against share warrants Shareholders' Funds 2. SHARE APPLICATION MONEY PENDING ALLOTMENT 3. MINORITY INTEREST 4. NON-CURRENT LIABILITIES a) Long-term borrowings b) Deferred tax liabilities (net) c) Other long-term liabilities d) Long-term provisions Non-Current Liabilities 5. CURRENT LIABILITIES a) Short-term borrowings b) Trade payables c) Other current liabilities d) Short-term provisions Current Liabilities TOTAL EQUITY AND LIABILITIES B. ASSETS 1. NON-CURRENT ASSETS a) Fixed assets b) Goodwill on consolidation c) Non-current investments d) Deferred tax assets (net) e) Long-term loans and advances f) Other non-current assets Non-Current Assets 2. CURRENT ASSETS a) Current investments b) Inventories c) Trade receivables d) Cash and cash equivalents e) Short-term loans and advances f) Other current assets Current Assets TOTAL ASSETS 4363.31 5637.83 986.02 2818.93 500.59 136.89 14443.57 28966.40 3991.32 5269.17 885.10 2243.24 563.45 93.26 13045.54 25433.82 4441.81 6428.11 1203.84 3130.12 465.98 131.59 15801.45 30079.77 4095.16 5734.80 1086.68 2426.87 432.50 96.29 13872.30 26404.57 11375.94 N. A. 1953.28 1193.61 14522.83 9678.51 N. A. 1563.30 1146.47 12388.28 12089.75 314.13 765.02 16.26 1093.16 14278.32 10269.23 270.44 772.64 13.13 1206.83 12532.27 1.77 1424.84 3371.27 4303.95 9101.83 28966.40 1.94 1395.31 3067.77 4012.46 8477.48 25433.82 1.89 1515.59 3427.42 4359.10 9304.00 30079.77 24.00 1498.57 3131.43 4057.10 8711.10 26404.57 77.32 872.72 15.52 107.12 1072.68 86.58 801.85 20.82 93.82 1003.07 105.38 882.03 53.06 119.63 1160.10 89.75 811.20 56.25 105.55 1062.75 781.84 18010.05 18791.89 N. A. 773.81 15179.46 15953.27 N. A. 19458.58 157.09 16489.90 140.82 781.84 18676.74 773.81 15716.09

CONSOLIDATED As at current year end 31.03.2012 As at previous year end 31.03.2011

As at current year end 31.03.2012

As at previous year end 31.03.2011

Notes:

(1) The Company's corporate strategy aims at creating multiple drivers of growth anchored on its core competencies. The Company is currently focused on four business groups : FMCG, Hotels, Paperboards, Paper & Packaging and Agri Business. The Company's organisational structure and governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. (2) The business groups comprise the following : FMCG Cigarettes Others - Cigarettes, Cigars and Smoking Mixtures. - Branded Packaged Foods (Staples, Biscuits, Confectionery, Snack Foods, Pasta & Noodles, Ready to Eat Foods), Garments, Educational and other Stationery products, Matches, Agarbattis and Personal Care products. - Hoteliering. - Paperboards, Paper including Specialty Paper & Packaging including Flexibles. - Agri commodities such as soya, spices, coffee and leaf tobacco. - Information Technology services, Filter Rods, etc.

Hotels Paperboards, Paper & Packaging Agri Business Others (In Consolidated Segment)

(3) Segment results of 'FMCG : Others' are after considering significant business development, brand building and gestation costs of Branded Packaged Foods and Personal Care Products businesses. (4) The Company's Agri Business markets agri commodities in the export and domestic markets; supplies agri raw materials to the Branded Packaged Foods Business and sources leaf tobacco for the Cigarettes Business. The segment results for the quarter/twelve months are after absorbing costs relating to the strategic e-Choupal initiative. (5) Figures for the corresponding previous periods are re-arranged, wherever necessary, to conform to the figures of the current period. Registered Office : Virginia House, 37 J.L. Nehru Road, Kolkata 700 071, India Dated : 25th May, 2012 Place : Kolkata, India
Stock Prices

For and on behalf of the Board

Executive Director

Chairman

Based on the month end closing prices quoted on Bombay Stock Exchange Note: Share prices adjusted to reflect sub-division & issue of bonus shares in 2005-06 and issue of bonus shares in 2010-11 Last 10 Years High, Low & Closing at BSE

Year 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

High 32.07 29.63 24.17 39.51 47.23 100.00 106.35 119.70 116.20 136.35 184.70

Low 16.33 19.17 18.50 20.63 24.40 44.07 70.08 73.08 66.03 88.80 126.93

Closing (as on March 31st) 27.15 23.22 20.98 34.71 44.79 97.48 75.20 103.18 92.40 131.58 181.45

Note: Share prices adjusted to reflect sub-division & issue of bonus shares in 2005-06 and issue of bonus shares in 2010-11

Last Twelve Months' Monthly High and low quotations of shares traded on (CSE), (BSE), & (NSE)

Last Ten Year Prices at BSE

Key Ratios

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

Summarised (Rs. Crores) Equity Networth Average Employed NTO EBITDA EBIT PAT*

Financials

248 4414 Capital 4614 5059 2046 1847 1190

248 5366 5190 5866 2323 2086 1371

248 6410 6082 6470 2585 2344 1593

249 7896 7568 7639 3028 2716 1837

376 9061 9012 9791 3613 3281 2280

376

377

377

382

774

10437 12058 13735 14064 15953 10308 11964 13798 14868 15906 12164 13948 15612 18153 21168 4293 3930 2700 5015 4576 3120 5393 4844 3264 6689 6080 4061 7972 7316 4988

2002 Key Ratios Net Worth Per Share (Rs.) ** Debt Equity Ratio Return on Equity* (%) NTO /Avg.Capital Employed (x) Return on Avg Capital Employed (%) EV/EBITDA (x) Price Earnings Ratio* (x) Earnings Per Share* (Rs.) ** Cash Earnings Per Share* (Rs.) ** EBIT / NTO (%) EBITDA / NTO (%) EBIT / Interest (x) 6.0

2003

2004

2005

2006

2007

2008

2009

2010

2011

7.2

8.6

10.6

12.1

13.9

16.0

18.2

18.4

20.6

0.06:1 0.02:1 0.02:1 0.03:1 0.01:1 0.02:1 0.02:1 0.01:1 0.01:1 0.01:1 29.9 1.1 40.0 8.5 14.5 1.6 2.0 36.5 40.4 27.6 28.0 1.1 40.2 6.3 11.4 1.8 2.1 35.6 39.6 69.9 27.1 1.1 38.5 9.2 16.2 2.1 2.5 36.2 40.0 94.5 25.7 1.0 35.9 10.1 18.2 2.5 2.9 35.5 39.6 64.0 26.9 1.1 36.4 19.3 32.1 3.0 3.4 33.5 36.9 27.7 1.2 38.1 12.5 20.9 3.6 4.3 32.3 35.3 27.7 1.2 38.3 15.0 24.9 4.1 4.8 32.8 36.0 992.7 25.3 1.1 35.1 12.4 21.4 4.3 5.5 31.0 34.5 264.4 29.2 1.2 40.9 14.2 24.7 5.3 6.0 33.5 36.8 93.9 33.2 1.3 46.0 16.9 28.2 6.4 7.3 34.6 37.7 152.0

275.0 1195.1

* Computed before exceptional items

** Previous Year figures has been reworked due to Split of Equity Shares to Re1.00 each and issue of Bonus Shares in the ratio 1:2 and issue of bonus shares in the ratio 1:1 in 2010-11

Note:

NTO EV EBITDA EBIT Cash Return Return Earning on on Closing Per Share Equity Capital Market Earnings -

Capitalisation Earnings (Net Employed Profit Net at before BSE + interest, before +Deferred Profit Loan tax,

Net Funds interest Tax + /Average PBIT/Average Capital Cash depretiation & Short & & Depreciation)/No. Net of term

Turnover Surplus amortisation tax Shares Worth Employed

PE ratio based on year end closing prices

General Information
General Information | Depository Activity | Share Registration

Company's Share Capital GDRs Listing on Stock Exchanges Annual General Meeting Dividend

Unclaimed Shares Bonus Issues Share Prices Shareholding Pattern Compliance Report on Corporate Governance

:: Company's Share Capital

522,46,54,866 Ordinary Shares of the Company, representing 66.82% of the Company's paid up capital, as on 15th June, 2012 are in dematerialised form. The paid-up share capital of the Company, as on 15thJune, 2012, is Rupees 781,84,24,300 (Rs.781.84 crores) divided into 781,84,24,300 Ordinary Shares of the face value of Rupee 1/- each.

: No. of shareholders in dematerialised form : No. of shareholders in physical form :

Total No. of Shareholders as on 15th June, 2012

4,12,066 3,75,488 38,578

:: GDRs

The Company, in 1993, made an offer of 45,00,000 Global Depository Receipts (GDRs) with 15,00,000 warrants (in the ratio of 1 warrant for every three GDRs held) to subscribe for the GDRs. 2,41,50,981 GDRs, representing 2,41,50,981 underlying Ordinary shares of the Company, were outstanding as on March 31, 2012. The Company's GDRs are listed on the Luxembourg Stock Exchange (Code: 004660919), at Societe de la Bourse de Luxembourg, 11 Avenue de la Porte - Neuve, L-2227 Luxembourg.

:: Listing on Stock Exchanges (with Stock Codes)

The Company's shares are listed with 3 Stock Exchanges:

Kolkata (10000018*)

Mumbai (500875*)

National Stock Exchange (ITC*)

* Stock Codes

:: Annual General Meeting (AGM)

The 101st AGM of the Company has been convened for Friday, 27th July, 2012 at Science City, Main Auditorium, JBS Haldane Avenue, Kolkata 700 046, at 10.00 a.m.

:: Dividend for the financial year ended 31st March, 2012

The Board of Directors of the Company, at its meeting held on 25th May, 2012 has recommended dividend of Rs. 4.50/- per Ordinary Share of Re. 1/- each for the financial year ended 31st March, 2012, subject to approval by Members at the 101st AGM. The dividend, if declared, will be paid on 30th July, 2012 to the Members entitled thereto.

Unclaimed Dividend

Unclaimed dividend for the years prior to and including the financial year 2003-04 has been transferred to the General Revenue Account of the Central Government / the Investor Education and Protection Fund established by the Central Government (IEPF), as applicable.

Shareholders who have not encashed their dividend warrants relating to financial year(s) up to and including 1993-94 may claim such dividend (transferred to the General Revenue Account) from the Registrar of Companies, West Bengal, Government of India, Nizam Palace, II MSO Building, 2nd Floor, 234/4 A.J.C. Bose Road, Kolkata 700 020, in the prescribed form no. 2 attached below.

For Unclaimed Dividend form - Click here

The dividend for the undernoted years, if unclaimed for 7 years, will be transferred by the Company to IEPF in accordance with the schedule given below.

Once unclaimed dividend is transferred to IEPF, no claim shall lie in respect thereof.

Financial Year

Dividend Identification No. 75th 76th 77th 78th 79th 80th

Unclaimed Dividend as on 31/03/2012 Date of Declaration of Dividend Total Dividend (Rs.) (Rs.) 29th July, 2005 21st July, 2006 27th July, 2007 30th July, 2008 24th July, 2009 23rd July, 2010 7,73,24,56,356.00 9,95,12,91,267.00 11,66,29,29,029.00 13,19,01,73,540.00 13,96,53,10,312.00 38,18,17,67,900.00 3,82,43,305.00 5,23,69,271.00 7,01,79,404.00 7,42,97,839.00 8,19,29,541.00 22,16,65,060.00 % 0.49 0.53 0.60 0.56 0.59 0.58 3rd September, 2012* 26th August, 2013 1st September, 2014 4th September, 2015 29th August, 2016 29th August, 2017 Due for transfer to IEPF on

2004-05 2005-06 2006-07 2007-08 2008-09 2009-10

2010-11

81st

29th July, 2011

34,43,47,81,921.00

21,98,15,823.00

0.64

4th September, 2018

* It will not be possible to entertain any claim received after 31st August, 2012.

:: Unclaimed Shares

As required under Clause 5A(II) of the Listing Agreement with Stock Exchanges:

The Company, on 28th March, 2012, transferred 91,61,791 unclaimed shares held in the physical form in 4,234 accounts to a demat account 'ITC Limited - Unclaimed Suspense Account'. Prior to such dematerialisation, the Company had sent three reminders to the concerned Shareholders in June 2011, September 2011 and February 2012 requesting them to lodge their claims for such shares.

Voting rights in respect of the aforesaid shares will remain frozen till the time such shares are claimed by the concerned Shareholders.

Shareholders may get in touch with the Investor Service Centre of the Company for any further information in this matter.

:: Information on Bonus Issues

YEAR 1978 1980 1989 1991 1994 2005 2010

BONUS One share for every five shares held One share for every five shares held One share for every one share held Three shares for every five shares held One share for every one share held One share for every two shares held One share for every one share held

:: Share Prices

ITC's Share Prices for the current financial year

YEAR 2012 MONTH APRIL MAY 252.85 247.85 HIGH

NSE LOW HIGH

BSE LOW HIGH

CSE LOW

223.25 223.85

252.80 247.85

223.30 224.25

NIL 240.00

NIL 225.00

ITC's Share Prices for the last financial year

YEAR 2011 MONTH APRIL MAY JUNE JULY AUGUST 194.80 194.00 204.00 211.25 211.25 HIGH

NSE LOW HIGH

BSE LOW HIGH

CSE LOW

180.80 177.55 182.00 194.30 189.65

194.75 193.75 203.40 211.35 211.25

180.70 177.80 182.30 194.40 189.50

NIL NIL NIL NIL NIL

NIL NIL NIL NIL NIL

SEPTEMBER OCTOBER NOVEMBER DECEMBER YEAR 2012 MONTH JANUARY FEBRUARY MARCH

206.50 216.20 215.30 208.00 NSE HIGH

185.00 188.60 189.30 192.30

205.90 216.10 215.35 208.00 BSE

185.20 189.30 189.40 192.25

NIL NIL NIL NIL CSE

NIL NIL NIL NIL

LOW

HIGH

LOW

HIGH

LOW

211.30 213.50 227.90

197.60 197.00 203.40

211.40 213.50 227.75

197.70 197.00 203.60

NIL NIL 223.50

NIL NIL 209.00

To view ITC's share prices for the last 10 years

click here

Shareholding Pattern Name of the Company : ITC Limited Scrip Code, Name of the scrip, class of security : Scrip Code - ITC (NSE), 500875 (BSE) , 10000018 (CSE); Name of the scrip - ITC LTD; Class of security - Ordinary Shares Quarter ended : 31st March, 2012 click here
-- Select Quarter -Archive

:: Compliance Report on Corporate Governance

Corporate Governance - for the Quarter ended 31st March, 2012 Particulars Clause of Listing agreement Compliance status (Yes/No/NA) Yes Yes Yes Remarks

I. Board of Directors (A) Composition of Board (B) Non-executive Directors' compensation & disclosures (C) Other provisions as to Board and Committees (D) Code of Conduct II. Audit Committee (A) Qualified & Independent Audit Committee (B) Meeting of Audit Committee (C) Powers of Audit Committee (D) Role of Audit Committee (E) Review of Information by Audit Committee III. Subsidiary Companies IV. Disclosures (A) Basis of related party transactions (B) Disclosure of Accounting Treatment

49 (I) 49 (IA) 49 (IB)

49 (IC)

Yes

49 (ID) 49 (II) 49 (IIA)

Yes Yes Yes

49 (IIB) 49 (IIC) 49 II(D) 49 (IIE)

Yes Yes Yes Yes

49 (III) 49 (IV) 49 (IV A) 49 (IV B)

NA Yes Yes NA

The Company does not have any material non-listed Indian subsidiary.

Deviations, if any, alongwith reasons thereof will be reported in the Corporate Governance Report forming part of the Annual Report.

(C) Board Disclosures (D) Proceeds from public issues, rights issues, preferential issues etc. (E) Remuneration of Directors

49 (IV C) 49 (IV D)

Yes NA The Company has not made any public issue, rights issue, preferential issue in the recent past.

49 (IV E)

Yes

Disclosures, as necessary, are being made in the Corporate Governance Report forming part of the Annual Report. 49 (IV F)(i) : Management Discussion & Analysis forms part of the respective years Directors Report. 49 (IV F)(ii) : Material financial and commercial transactions as covered under this sub-clause, if any, will be disclosed to the Board. Senior management provides a nil disclosure to the Board, annually, where there are no such transactions.

(F) Management

49 (IV F)

Yes

(G) Shareholders V. CEO/CFO Certification VI. Report on Corporate Governance VII. Compliance

49 (IV G) 49 (V) 49 (VI)

Yes Yes Yes

49 (VII)

Yes