ITC Q4 preview: Single-digit revenue growth seen; PAT may dip up to 7% YoY

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

Demand for health and hygiene products, foods segment and other discretionary items along with healthy cigarette volumes growth is expected to drive ITC's March quarter (Q4FY21) revenue higher, said analysts. While the hotels segment is expected to remain a drag, they expect agri and paper board segments to support overall growth.

ITC, which is slated to post its quarterly numbers on June 1, is likely to post high single-digit revenue growth on a yearly basis during the quarter under review, although the profit after tax (PAT) is expected to fall.

Shares of the FMCG major gained 4.5 per cent during