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(13/02/2026 16:00)

ITI posts Q3 net loss of Rs 25.58 cr

The company reported standalone net loss during the quarter stood at Rs 25.58 crore as compared to net loss of Rs 67.12 crore in the previous year quarter.

Net revenue of the company declined substantially by 50.25 per cent at Rs 514.65 crore in October-December quarter of this fiscal as against Rs 1,034.54 crore in the corresponding period last year.

During October-December quarter, operating expenses dropped by 53.18 per cent to Rs 489.31 crore from Rs 1,045.05 crore in year ago period.

Other Income dipped by 38.94 per cent at Rs 12.31 crore versus (Dec'24 Rs 20.16 crore).

Operating Profit surged by 341.10 per cent to Rs 25.34 crore as against Rs -10.51 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 582.35 per cent in December quarter.

Interest declined by 25.68 per cent y-o-y to Rs 47.64 crore

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