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Contributing to the National Exchequer
ITC's contribution to the exchequer is significant
in terms of payment of excise duties, income tax and other rates and taxes. The share of
ITC's contribution to the exchequer constitutes nearly 74% of its Value Added. In terms of
Direct Taxes, the Company's contribution to the exchequer is amongst the top three
companies in the private sector in India and in Indirect Taxes in relation to excise
payments it accounts for more than 5% of the country's total excise collection.
Rewarding Shareholders
The Company has been making dividend payments consistently over the past several years
and its dividend payment reflects the striking of a balance between the need to sustain
strategic investments for a secured future and the annual expectation of shareholders for
growing income. The Company continues to retain profits at a level of upwards of the Rs.
1,000 crore mark. Total Shareholder Returns measured in terms of increase in market
capitalisation and dividends grew at a compound rate of 30% per annum during the period
1995-96 to 2005-06, placing ITC among the foremost in the country in terms of efficiency
of serving financial capital. ITC was ranked 6th amongst listed private sector companies
in terms of market capitalisation as at 31st March 2006.
Dividend Per Share** (Rs.) |
0.90 |
1.00 |
1.33 |
2.07 |
2.65 |
* Includes dividend distribution tax
** Includes adjustment for 1:10 Stock Split and 1:2 Bonus Issue |
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