ITI's Q1 FY 2025-26 Quarterly Results

Result Summary

• ITI Ltd reported a 16.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 4.5%.
• Its expenses for the quarter were down by 32.8% QoQ and 4.8% YoY.
• The net profit decreased 73.4% QoQ and decreased 30.3% YoY.
• The earnings per share (EPS) of ITI Ltd declined at 0.7 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

ITI Ltd, a public sector undertaking, is a leading telecommunications company in India. The company is engaged in the manufacturing and servicing of various telecommunications equipment. ITI Ltd plays a significant role in the country's telecom sector by providing a diverse range of products and services, including network systems, GSM technology, and secure communication solutions. The company operates in an industry characterized by rapid technological advancements and intense competition, particularly from private players. There have been no recent major developments specified for ITI Ltd in the data provided.

Revenue

In Q1FY26, ITI Ltd reported a total income of ₹511.05 crores. This represents a decrease from the total income of ₹610.55 crores recorded in the previous quarter, Q4FY25, indicating a quarter-over-quarter (QoQ) decline of 16.3%. When compared to the same period last year, Q1FY25, where the total income was ₹535.02 crores, there is a year-over-year (YoY) decline of 4.5%. The revenue figures reflect the company's financial results over the specified periods, providing insight into its income-generating capabilities in the telecommunications equipment sector.

Profitability

For the quarter ended Q1FY26, ITI Ltd reported a loss before tax of ₹63.32 crores, which is an improvement from the loss before tax of ₹238.94 crores in Q4FY25. This represents a significant QoQ improvement of 73.5%. Compared to Q1FY25, when the loss before tax was ₹91.08 crores, there is a YoY improvement of 30.5%. The profit after tax for Q1FY26 stood at a loss of ₹63.61 crores, showing an improvement from the previous quarter's loss of ₹238.82 crores, with a QoQ change of 73.4%. On a YoY basis, the loss after tax improved by 30.3% from Q1FY25, where the loss was ₹91.31 crores. Earnings per share (EPS) for Q1FY26 were recorded at -₹0.70, compared to -₹2.50 in Q4FY25 and -₹0.90 in Q1FY25, reflecting QoQ and YoY changes of 72.0% and 22.2%, respectively.

Operating Metrics

The operating metrics of ITI Ltd for Q1FY26 show a total expense of ₹570.76 crores, down from ₹849.49 crores in Q4FY25, representing a significant QoQ reduction of 32.8%. Compared to Q1FY25, where total expenses were ₹599.63 crores, there is a YoY decrease of 4.8%. The company's expenses reflect its operational efficiency and cost management strategies over the given periods. The data indicate that ITI Ltd has no tax liabilities for the quarters in question, as evidenced by a tax entry of ₹0.00 across all periods. The financial data provided does not include specific information on key financial ratios or other operating metrics, such as the current ratio or debt-to-equity ratio, which are typically used to evaluate a company's financial health and operational performance.