ITI Share Price

The Advanced Manufacturing Labs (AMLs) will be sent up at Industrial Training Institutes (ITIs) in Palanpur, Bhavnagar, Surendranagar, Godhra, and Dahod

• Business Line
• 17 hours 17 minutes ago

The newly introduced technology-driven courses have been launched at 73 ITIs across the state, including 67 government ITIs, two grant-in-aid institutions, and four self-financed institutes

• Business Standard
• 2 weeks 1 day ago

Telecom Equipment company ITI announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: Stood at Rs 62,765 lakh in Q4FY26, marking a decrease of 39.98% YoY compared to Rs 1,04,570 lakh in Q4FY25, but registering a QoQ increase of 21.96% from Rs 51,465 lakh in Q3FY26. For the full year FY26, revenue declined by 39.62% YoY to Rs 2,18,372 lakh from Rs 3,61,642 lakh in FY25. Total Income: Reported at Rs 64,089 lakh in Q4FY26, down by 40.72% YoY from Rs 1,08,103 lakh in Q4FY25, but up by 21.62% QoQ against Rs 52,696 lakh in Q3FY26. For FY26, total income stood at Rs 2,23,712 lakh, an overall YoY decline of 39.56% compared to Rs 3,70,162 lakh in FY25. Net Profit / (Loss): The Company recorded a net profit of Rs 43,610 lakh in Q4FY26 (as per substituted corrigendum figures), displaying a massive turnaround from a net loss of Rs 438 lakh in Q4FY25 and a net loss of Rs 2,532 lakh in Q3FY26. For FY26, the net profit stood at Rs 29,283 lakh, bouncing back from a net loss of Rs 21,489 lakh in FY25. Standalone Financial Highlights: Revenue from Operations: Recorded at Rs 62,765 lakh in Q4FY26, dropping 39.98% YoY from Rs 1,04,570 lakh in Q4FY25, but growing 21.96% QoQ from Rs 51,465 lakh in Q3FY26. For FY26, standalone revenue was Rs 2,18,372 lakh, dropping 39.62% YoY from Rs 3,61,642 lakh in FY25. Total Income: Stood at Rs 64,089 lakh in Q4FY26, witnessing a YoY decline of 40.72% from Rs 1,08,103 lakh in Q4FY25, while showing a QoQ growth of 21.62% from Rs 52,696 lakh in Q3FY26. For FY26, total income declined by 39.56% YoY to Rs 2,23,712 lakh from Rs 3,70,162 lakh in FY25. Net Profit / (Loss): Posted a net profit of Rs 43,592 lakh in Q4FY26 (as per substituted corrigendum figures), recovering strongly from a net loss of Rs 484 lakh in Q4FY25 and a net loss of Rs 2,558 lakh in Q3FY26. For FY26, the standalone net profit reached Rs 29,279 lakh, turning around from a net loss of Rs 23,315 lakh in FY25. Business Highlights: Order Book & Unbilled Revenue: The Company maintains a high value of existing Order Book standing at Rs 18,63,699 lakh. It expects the conversion of unbilled revenue worth Rs 2,24,111 lakh into billed revenue/realization by completing contract milestones within the next 12 months. Asset Monetization & Exceptional Items: During the year, the Company sold a 21-acre portion of its land and building for an aggregate consideration of Rs 91,431 lakh. A profit of Rs 83,219.21 lakh on the sale of these assets has been recognized under Exceptional Items. Debtors Write-off: The Board of Directors identified certain long-outstanding debtors for a write-off amounting to Rs 30,167.57 lakh, which has also been disclosed under Exceptional Items. Revival Plan Status: The company is currently under a revival plan approved by the Cabinet Committee on Economic Affairs (CCEA), which involves financial assistance of Rs 4,15,679 lakh. Out of this, the Company has received Rs 3,08,435 lakh as of the current date. ASCON Phase IV Project: The Company is executing the Army Static Switched Communication Network (ASCON) Phase IV project worth Rs 8,280.36 crore with the Ministry of Defence. Proof of Concept (PoC) activities and test bed setup are in progress, expected to be completed by December 31, 2026. Segment-wise Performance: The Company is primarily engaged in the manufacturing, trading, and servicing of telecommunication equipment and rendering associated/ancillary services. It operates in India as a single geographical and reportable segment. Therefore, separate segment-wise performance is not applicable. Result PDF

• Trendlyne
• 2 weeks 4 days ago