Every ITC Business innovates for customers and provides livelihood opportunities
Every ITC Business innovates for customers and provides livelihood opportunities
ITC is one of India's foremost private sector companies with a Gross Revenue of ₹ 69,446 crores and Net Profit of ₹ 20,422 crores (as on 31.03.2024) with presence in FMCG, Packaging, Paperboards & Specialty Papers, Agri & IT Businesses.
Gross Revenue
₹
Crores
Net Profit
Crores
Businesses of Tomorrow
Business
FMCG Mother Brands
+
Brands
Patent Filed
Over
Manufacturing Units
+
Units
Exports to
Countries
Hotels
+
80 locations
Carbon Positive
Years
Water Positive
Years
Solid Waste Recycling Positive
Years
Farmers Benefitted
Million by e-Chaupal
Sustainable Livelihoods
Million
Total Energy
%
is Renewable
Platinum Rated
Green Buildings
LEED Zero Carbon
Hotels, 1 Data Centre
LEED Zero Water
Hotels
Sustain ITC's position as one of India's most valuable corporations through world class performance, creating growing value for the Indian economy and the Company's stakeholders
To enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainable stakeholder value
ITC believes that its core values of trusteeship, customer focus, respect for people, excellence, innovation and nation orientation have been the guiding principles behind the Company's phenomenal growth, helping it to become one of India's most admired and valued enterprises.
ITC is a board-managed professional company, committed to creating enduring value for the nation and the shareholder. It has a rich organisational culture rooted in its core values of respect for people and belief in empowerment. Its philosophy of all-round value creation is backed by strong corporate governance policies and systems.
The Company’s Corporate Governance processes are designed to support effective management of multiple businesses while retaining focus on each one of them. The practice of Corporate Governance at ITC takes place at three interlinked levels.
Corporate functions
Corporate Functions, each headed by a HOD Corporate Functions include: Planning and Treasury, Accounting, Taxation, Risk Management, Legal, Secretarial, EHS, Human Resources, Corporate Communications, Corporate Affairs, Internal Audit and Research & Development
Divisional/SBU Management committees
Divisional/ Strategic Business Unit (SBU) Management Committees, each headed by a divisional/ SBU Chief Executive
Business includes: FMCG, Hotels, Paperboards, Specialty Papers & Packaging, Agri Business and Information Technology
Corporate Governance
Flowing from the concept and principles of Corporate Governance adopted by the Company, leadership within ITC is exercised at three levels. The Board of Directors at the apex, as trustee of shareholders, carries the responsibility for strategic supervision of the Company. The strategic management of the Company rests with the Corporate Management Committee comprising the wholetime Directors and members drawn from senior management. The executive management of each business division is vested with the Divisional Management Committee (DMC), headed by the Chief Executive. Each DMC is responsible for and totally focused on the management of its assigned business. This three-tiered interlinked leadership process creates a wholesome balance between the need for focus and executive freedom, and the need for supervision and control.
