ITI Q3 Results, Feb. 13 -- State-run telecom equipment manufacturer ITI posted strong results for the quarter ended December 31, 2024 (Q3FY25). It reported a net loss of Rs.48.9 crore for the quarter, significantly improving from the Rs.101.3 crore loss recorded in the same quarter of the previous fiscal (Q3FY24).

Meanwhile, the company's revenue from operations soared 299.73 percent year-over-year (YoY) to Rs.1,034.5 crore, compared to Rs.258.8 crore in the corresponding period last year. This sharp increase was driven by strong operational performance despite rising raw material costs.

At the operating level, ITI Ltd reduced its EBITDA loss to Rs.10.6 crore in Q3 FY24, compared to a loss of Rs.43.5 crore in the year-ago period.

The c...