New Delhi, May 28 -- Shares of ITI Ltd rallied sharply on Wednesday, May 28, climbing as much as 9 percent in intra-day trade after the company reported a substantial improvement in its March quarter earnings. The stock touched a high of Rs.336.75, marking its strongest level since January 30, 2025.

Investor confidence was bolstered by ITI's March 2025 quarter results, which showed a significant reduction in net losses and a robust improvement in revenue. The company reported a net loss of just Rs.4.4 crore, compared to a steep Rs.239 crore loss in the corresponding quarter of the previous year.

Revenue for the quarter surged 73.9 percent year-on-year, reaching Rs.1,046 crore from Rs.601 crore in Q4FY24. Furthermore, EBITDA loss narrowe...