ITI's Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- ITI Ltd reported a 5.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 50.0%.
- Its expenses for the quarter were down by 10.3% QoQ and 51.2% YoY.
- The net profit decreased 53.4% QoQ and decreased 48.2% YoY.
- The earnings per share (EPS) of ITI Ltd declined at 0.26 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 526.96 | 558.22 | 1054.70 | -5.6% | -50.0% |
Total Expenses | 547.97 | 610.75 | 1121.82 | -10.3% | -51.2% |
Profit Before Tax | -25.59 | -54.24 | -67.12 | -52.8% | -61.9% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -25.33 | -54.36 | -48.88 | -53.4% | -48.2% |
Earnings Per Share | -0.26 | -0.57 | -0.51 | -54.4% | -49.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ITI Ltd, or Indian Telephone Industries Limited, is a government-owned telecommunications equipment manufacturing enterprise in India. The company operates within the telecommunications industry and is known for its wide range of products and services including manufacturing and supplying telecommunications equipment, providing IT services, and executing turnkey projects. ITI Ltd’s product portfolio includes a variety of telecom equipment from switching, transmission, access, and subscriber premises equipment. It also focuses on developing innovative technologies and solutions in areas such as smart energy meters and defense communication systems. While specific recent developments are not available in the provided data, ITI Ltd has historically been involved in national telecommunications projects and has been a significant player in the digital transformation initiatives across India.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), ITI Ltd reported a total income of ₹526.96 crores. This marks a quarter-over-quarter (QoQ) decrease of 5.6% from ₹558.22 crores in Q2FY26, and a year-over-year (YoY) decrease of 50.0% from ₹1054.70 crores in Q3FY25. This decline reflects a significant reduction in the company's revenue generation over the past year. The quarter-over-quarter decrease suggests a continuation of the downward trend from the previous fiscal quarter. Revenue fluctuations can be attributed to various factors including market conditions, demand fluctuations, and company-specific operational factors. However, specific causal factors for this decline are not detailed in the provided data.
Profitability
For Q3FY26, ITI Ltd reported a loss in profit before tax amounting to ₹-25.59 crores, which is an improvement from the previous quarter’s loss of ₹-54.24 crores, reflecting a QoQ improvement of 52.8%. Compared to the same period last year, there is a YoY improvement of 61.9% from a loss of ₹-67.12 crores in Q3FY25. The profit after tax for Q3FY26 was ₹-25.33 crores, showing a QoQ improvement of 53.4% from ₹-54.36 crores in Q2FY26 and a YoY improvement of 48.2% from ₹-48.88 crores in Q3FY25. Earnings per share (EPS) also improved, recorded at ₹-0.26 in Q3FY26, compared to ₹-0.57 in Q2FY26 (a 54.4% improvement) and ₹-0.51 in Q3FY25 (a 49.0% improvement). These figures indicate that while ITI Ltd continues to operate at a loss, there are improvements in profitability metrics over both the quarter and the year.
Operating Metrics
During Q3FY26, ITI Ltd's total expenses were ₹547.97 crores, which is a 10.3% decrease from ₹610.75 crores in Q2FY26 and a 51.2% decrease from ₹1121.82 crores in Q3FY25. The reduction in expenses is consistent with the decrease in total income and reflects the company’s operational adjustments and cost-control measures over the period. The absence of tax in all quarters indicates that the company has not had taxable income, a common scenario for entities reporting net losses. The operating metrics show significant liquidity and cost management activities, suggesting a response to changes in revenue streams. The data provided does not include specific financial ratios like P/E ratio or debt-to-equity ratio; hence, they cannot be calculated from the available information.