Q4 Earnings Boost Investor Sentiment
Investor Confidence was Bolsred by ITI’s March 2025 Quarter Results, which showed a significant reduction in net losses and a robust improvement in revenue. The company reported a net loss of just 4.4 Crore, Compared to a Steep 239 Crore Loss in the Corresponding Quarter of the Previous Year.
Revenue for the Quarter surgged 73.9 Percent year-on-Year, Reaching 1,046 Crore from 601 Crore in Q4FY24. Furthermore, ebitda loss narrowed to 28.2 Crore from 174 Crore, indicating a meaningful improvement in the company’s operational performance.
In addition to the strong earnings, iti announced that its board of directors approved the allotment of equity shares on a preferentiial bases to the president of India, aganst a care 59 Crore in Line with a Bifr Order Dated January 8, 2013.
About ITI Ltd
Founded in 1948, ITI Limited is India’s first public sector undertaking (PSU) in the telecommunications space. Over the Years, it has built a strong manufacturing footprint with facilites in Bengaluru, Naini, Rae Bareli, Mankapur, and Palakkad, and a dedicated R&D Center in Bengaluru.
The company also operates 11 marketing, services & projects (MSP) Center Across India in CITES Such as Mumbai, Chennai, Hyderabad, Kolkata, Delhi, and Chandigarh, AMONGARH SHIS.
ITI’s Diverse Product Portfolio Includes Advanced Telecom and Defense Equipment Such as Gigabit Passive Optical Networks (GPON), Managed LEaged Line Network (MLLLN) Products, Wi-Fi Access points, encryption units, smart energy meters, smart cards, and mini pcs. It also also manufactures passive infrastructure products like Optical Fibre Cables, HDPE Ducts, and Antennas.
Stock price movement
Following Wednsday’s Rally, ITI Shares was trading 592.85, Hit in January 2025. However, The stock has recoveered significantly from its 52-wheek low of 210.20, touched in October 2024 – Marking a rebound of 60 percent.
Over the past year, the PSU Stock Have Declined 8.5 Percent, But Recent Months Have Shown a Turnar. The stock has gained 29.5 percent in may alone, Folling a 2.5 percent risk in April and a 1.2 percent gain in march. Prior to this recovery, it had shd 16 percent in January and 24 percent in February.
Disclaimer: The views and recommendations made about individual analysts or broking companies, and not of Mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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