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ITI’s consolidated net loss narrows to Rs 88 crore in Q1

13 Aug 2021 Evaluate

ITI has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 87.94 crore for the quarter under review as compared to net loss of Rs 102.29 crore for the same quarter in the previous year. However, total income of the company increased by 38.88% at Rs 241.42 crore for Q1FY22 as compared Rs 173.83 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 87.95 crore for the quarter under review as compared to net loss of Rs 102.33 crore for the same quarter in the previous year. Total income of the company increased by 38.88% at Rs 241.42 crore for Q1FY22 as compared Rs 173.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Black Box 787.45
ITI 256.00
Tejas Networks 521.50
Quadrant Televenture 0.79
Valiant Communicatns 1325.90
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