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ITI Ltd Q1FY24; 5% fall in Revenue

ITI Limited is engaged in manufacturing, trading and servicing of telecommunication equipment, and rendering other associated and ancillary services. The Company focuses on offering telephone communication services.


Financial Results:

  • ITI Ltd reported Revenues for Q1FY24 of ₹157.00 Crores down from ₹166.00 Crore year on year, a fall of 5.42%.
  • Total Expenses for Q1FY24 of ₹273.00 Crores down from ₹288.00 Crores year on year, a fall of 5.21%.
  • Consolidated Net Profit of -₹103.00 Crores from -₹99.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is -₹1.08, from -₹1.06 in the same quarter of the previous year.
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