ITI Limited, formerly known as Indian Telephone Industries Limited, is a leading public sector undertaking (PSU) in India. Established in 1948, ITI Limited is primarily engaged in the manufacturing of telecommunications equipment and providing related services. The company has played a significant role in the development of the Indian telecommunications industry and has a rich legacy of technological expertise.
- ITI Limited reported Total Income for Q4 FY23 of ₹785.19 Crore up from ₹1,367.03 Crore year on year, a growth of 15.6%.
- Total Expenses for Q4 FY23 of ₹858.08 Crore up from ₹ 1,010.64 Crore year on year, a growth of 13.9%.
- Consolidated Net Loss of ₹72.01 Crore, from profit of ₹355.07 Crore in the same quarter of the previous year.
- The Earnings per Share is -₹0.76, up from ₹3.80 in the same quarter of the previous year.