Sustainability Report 2009
Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Statement from
Ernst & Young
Self-declaration on Application Level
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ITC's TRIPLE BOTTOM LINE
ECONOMIC PERFORMANCE

Creating Robust Drivers of Growth

 

We delivered another year of steady performance despite very difficult trading conditions, characterised by extremely volatile financial, commodity and consumer markets. Aggressive cost management measures were pursued across all businesses to enhance cost competitiveness and cushion the impact of the economic slowdown.

Gross Turnover for the year grew by 8.4% to Rs. 23144 crores. Net Turnover at Rs.15388 crores grew by 10.3%. Pre-tax profit increased by 5.6% to Rs. 4826 crores, while Post-tax profit at Rs. 3264 crores registered a growth of 4.6%. Earnings Per Share for the year stood at Rs. 8.66. Cash flows from Operations touched an all time high of Rs. 4706 crores.


ITC has progressively grown over the years and is one of India's foremost creators of wealth in the private sector. Given its unique business models, corporate strategies, governance philosophy of trusteeship, the economic value created by it has benefited all stakeholders. This is manifested in the creation of world-class products and services with superior quality for our customers, increasing contribution to the national exchequer, contribution to the livelihoods of over 26,000 people through direct employment and supporting the livelihoods of over 5 million people through our businesses and social initiatives.

(Rs Crores)
Key Economic Indicators 2007 2008 2009
Gross Turnover 19300 21356 23144
Net Turnover 12164 13948 15388
Exports 1926 1695 1762
Contribution to Government/Exchequer 8455 10768 11233
Cost of Bought out Goods and Services 7578 8810 9639
Employee Wages & Salaries 630 733 891
Payments to Providers of Capital - Interest and Dividend 1170 1324 1415
Retained Profits 1335 1577 1634
Community Investments 64 57 61

* Click here for detailed Financial performance

«»
Chairman’s Statement:
ITC’s Vision and Strategy
ITC:
Organisational Profile
Certifications, Honours & Awards Report
Parameters
Governance, Commitments
& Engagements
ITC’s Triple Bottom Line GRI Index Annexures Statement from
Ernst & Young
Self-declaration on Application Level
  
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