ITI Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 7,752.6 million compared to INR 11,415 million a year ago. Revenue was INR 7,851.9 million compared to INR 13,670.3 million a year ago.

Net loss was INR 720.1 million compared to net income of INR 3,550.7 million a year ago. Basic loss per share from continuing operations was INR 0.76 compared to basic earnings per share from continuing operations of INR 3.8 a year ago. Diluted loss per share from continuing operations was INR 0.76 compared to diluted earnings per share from continuing operations of INR 3.8 a year ago.