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.