ITI quarterly results and financials

ITI (ITI)₹248.25−0.85%(9 Nov 2026 close)Telecom - Equipment & Accessories

Key facts

In the Jun 2026 quarter (consolidated), ITI reported sales of ₹424 Cr, down 14.6% from Jun 2025, and net profit of −₹32.04 Cr. For the year to Mar 2026, sales were ₹2,177 Cr and net profit ₹294 Cr.

Sales (Jun 2026): ₹424 Cr
Net profit (Jun 2026): −₹32.04 Cr
Sales (FY Mar 2026): ₹2,177 Cr
Net profit (FY Mar 2026): ₹294 Cr
EPS (Jun 2026): ₹−0.34
Borrowings (Mar 2026): ₹765 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

ITI quarterly results

₹ crore unless stated; each column is a quarter.

ITI Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	245	258	599	518	1,012	1,031	1,042	496	541	513	626	424
Expenses	299	302	776	533	1,025	1,045	1,074	506	545	489	601	423
Operating Profit	−52.79	−42.89	−173	−12.96	−8.97	−10.96	−27.92	−7.98	−0.99	24.93	26.90	1.99
OPM %	−22.0%	−17.0%	−29.0%	−2.5%	−0.9%	−1.0%	−2.7%	−1.5%	−0.2%	4.9%	4.3%	0.4%
Other Income	9.99	12.99	8.99	−10.99	13.98	37.98	98.03	8.99	12.99	7.99	472	7.99
Interest	69.06	57.09	60.09	53.09	62.14	64.14	45.10	51.05	53.09	48.08	45.08	30.06
Depreciation	13.01	14.01	14.01	14.01	14.02	13.01	29.01	15.01	13.01	11.02	18.01	13.01
Profit before tax	−126	−101	−239	−91.16	−70.10	−49.09	−4.01	−64.10	−54.10	−25.02	437	−32.06
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Exceptional items	0.00	0.00	0.00	−26.55	−0.92	0.00	62.56	−3.62	−1.72	−4.59	460	−0.15
Net Profit	−126	−101	−239	−91.21	−70.15	−49.11	−4.01	−64.11	−54.07	−25.05	437	−32.04
EPS (Rs)	−1.32	−1.06	−2.50	−0.96	−0.74	−0.52	−0.06	−0.67	−0.57	−0.27	4.54	−0.34

ITI profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

ITI Profit and loss
	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,522	1,469	1,662	2,050	2,353	1,855	1,389	1,260	3,601	2,177	2,103
Expenses	1,632	1,394	1,769	1,913	2,313	1,752	1,549	1,583	3,675	2,141	2,058
Operating Profit	−105	80.71	−99.73	144	49.87	107	−153	−317	−59.82	43.84	52.83
OPM %	−7.0%	6.0%	−6.0%	7.0%	2.1%	6.0%	−11.0%	−25.0%	−1.7%	2.0%	2.5%
Other Income	540	327	336	184	161	255	52.99	42.95	138	503	501
Interest	153	153	106	141	160	192	210	241	224	197	176
Depreciation	17.02	25.03	37.05	42.02	42.06	50.03	50.01	53.02	69.02	56.03	55.05
Profit before tax	266	231	93.11	146	9.02	120	−360	−570	−215	293	325
Tax %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—
Exceptional items	0.00	0.00	0.00	1.01	0.00	0.00	1.01	−1.01	35.09	450	454
Net Profit	267	231	93.18	146	9.01	120	−361	−570	−215	294	326
EPS (Rs)	4.77	3.04	1.04	1.59	0.11	1.29	−3.80	−5.93	−2.25	3.05	3.36
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

ITI balance sheet

₹ crore, at each year end.

ITI Balance sheet
	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	560	761	897	926	935	934	951	963	961	963
Reserves	540	904	935	1,394	1,510	1,685	1,423	823	664	942
Borrowings	1,523	1,225	1,259	1,215	1,466	1,611	1,878	1,801	1,481	765
Other Liabilities	2,956	4,172	3,928	4,205	5,019	5,358	5,261	6,027	7,305	6,655
Total Liabilities	5,577	7,063	7,018	7,740	8,929	9,586	9,512	9,613	10,410	9,325
Fixed Assets	2,506	2,620	2,696	2,695	2,701	2,727	2,753	2,733	2,709	2,372
CWIP	102	149	165	189	169	154	139	142	18.96	15.97
Investments	41.05	38.04	40.06	38.06	36.05	35.06	35.06	35.02	54.06	54.05
Other Assets	2,928	4,257	4,119	4,818	6,023	6,671	6,584	6,703	7,630	6,883
Inventories	177	192	185	213	234	233	290	264	275	206
Trade receivables	2,203	3,089	2,664	2,769	2,558	2,736	2,436	2,460	4,003	2,915
Cash & equivalents	166	326	204	245	549	307	215	838	423	351
Total Assets	5,577	7,063	7,018	7,740	8,929	9,586	9,512	9,613	10,410	9,325

ITI cash flow

₹ crore, for each year.

ITI Cash flow
	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−348	−113	24.05	−200	94.20	−433	−295	976	−135	−135
Cash from investing activity	−75.15	−93.13	−126	−73.13	−305	178	46.07	−543	652	925
Cash from financing activity	468	365	−19.03	285	198	242	241	−323	−485	−914
Net cash flow	44.93	158	−121	12.96	−11.97	−11.97	−5.99	109	29.91	−124
Capex	0.00	0.00	127	63.71	30.88	59.80	0.00	37.86	15.95	3.98
Free cash flow	−426	−211	−104	−262	91.42	−491	−340	940	63.23	778
CFO / OP %	332.0%	−138.0%	−24.0%	−138.0%	190.0%	−403.0%	191.0%	−306.0%	226.0%	−131.0%

ITI ratios

Working-capital days and returns, by year.

ITI Ratios
	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	525	762	581	490	394	536	635	709	403	486
Inventory days	110	126	114	167	196	118	261	215	41	41
Days payable	1,228	1,482	1,109	1,705	1,578	1,067	1,242	1,286	492	574
Cash conversion cycle	−594	−594	−414	−1,049	−988	−413	−345	−361	−48	−47
Working capital days	−284	−231	−146	−118	−132	−67	−104	−489	−146	−143
ROCE %	—	14.0%	7.0%	9.0%	5.0%	8.0%	−4.0%	−8.0%	−1.0%	1.0%

ITI: frequently asked questions

What are the latest quarterly results of ITI?

For the Jun 2026 quarter, ITI reported sales of ₹424 Cr, down 14.6% year on year and net profit of −₹32.04 Cr. The operating margin was 0.4%.

What is the annual revenue of ITI?

ITI's sales for the year to Mar 2026 were ₹2,177 Cr; over the last twelve months they were ₹2,103 Cr.

What is the net profit of ITI?

Net profit for the year to Mar 2026 was ₹294 Cr, and ₹326 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.36.

How much debt does ITI have?

ITI reported borrowings of ₹765 Cr at Mar 2026, against cash and equivalents of ₹351 Cr.

What is the free cash flow of ITI?

Cash from operations was −₹135 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹778 Cr.

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