ITI posts decade-high turnover, strong order book, driven by national programs
ITI Limited, a Government of India Undertaking, announced a turnover of INR 4,323 crore for FY 2024-25, marking its highest in the last decade, along with positive EBITDA. This growth is largely driven by large-scale national programs like BharatNet Phase III, where the company secured projects valued at INR 7,000 crore in Himachal Pradesh, West Bengal & Andaman, and NE-II regions. Strategic initiatives include the execution of the ASCON project and the production and supply of Telecom equipment and 4G Products, supported by a robust order book exceeding INR 19,000 crore as of August 31, 2025.
The company's production highlights include manufacturing encryptors for Defence, laptops, solar panels, and optical fiber cable. The Bengaluru plant achieved a turnover of INR 135.01 crore, contributing to 4G rollout orders and defense encryption products. The Naini unit contributed INR 250.90 crore, primarily from solar street light systems. Investments in upgrading manufacturing infrastructure across various units have helped ITI Limited regain its manufacturing strength, positioning it for future digital infrastructure projects.
ITI Limited is focused on innovation, continuous improvement, and collaboration with strategic market players. The company has invested in R&D for next-generation products and expanded its Data Centre capacity, achieving TIA-942 Tier-3 certification. CSR activities included spending INR 2.00 lakhs on the Armed Forces Flag Day Fund. The company maintains strong corporate governance and compliance with relevant regulations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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