ITI Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 13, 2024 at 04:46 am EST
ITI Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,588.4 million compared to INR 2,563.5 million a year ago. Revenue was INR 2,714.8 million compared to INR 2,665.4 million a year ago. Net loss was INR 1,012.5 million compared to INR 876.1 million a year ago. Basic loss per share from continuing operations was INR 1.05 compared to INR 0.93 a year ago. Diluted loss per share from continuing operations was INR 1.05 compared to INR 0.93 a year ago.
For the nine months, sales was INR 6,623.5 million compared to INR 6,201.9 million a year ago. Revenue was INR 6,975.9 million compared to INR 6,628.1 million a year ago. Net loss was INR 3,300.7 million compared to INR 2,878.5 million a year ago. Basic loss per share from continuing operations was INR 3.44 compared to INR 3.06 a year ago. Diluted loss per share from continuing operations was INR 3.44 compared to INR 3.06 a year ago.