ITI Shares Surge 9% After Strong Q4 Results: Revenue Jumps 74%

Market Performance

ITI shares surged 9% in intraday trading on May 28, 2025, reaching a high of ₹336.75. This marks the stock's strongest level since January 30, 2025.

Despite recent gains, ITI shares are still trading 43% below their 52-week high of ₹592.85, last touched in January 2025. However, the recovery has been notable:

• Up 29.5% in May 2025
• 2.5% gain in April
• 1.2% rise in March
• Down 8.5% in the past year
• Over 60% rebound from 52-week low of ₹210.20 in October 2024

Main News

The sharp rally followed ITI Ltd.'s posting of improved earnings for the March 2025 quarter. Investor sentiment was lifted by the company's reduced net losses and significant revenue growth.

Key Highlights from Q4 FY25 Results:

• Net loss narrowed to ₹4.4 crore, down from ₹239 crore in Q4 FY24
• Revenue jumped 73.9% YoY to ₹1,046 crore from ₹601 crore
• EBITDA loss reduced significantly to ₹28.2 crore from ₹174 crore

This performance suggests that the PSU telecom company can improve its operational efficiency and financial resilience.

Company Details

ITI Limited, established in 1948, is India's first public sector undertaking in the telecom space. The company has evolved into a key player in the telecom and defense manufacturing sectors.

Key Infrastructure and Reach:

• Manufacturing units: Bengaluru, Naini, Rae Bareli, Mankapur, Palakkad
• R&D Centre: Bengaluru
• 11 MSP Centres: Located in major cities including Mumbai, Delhi, Chennai, Hyderabad, and Kolkata

Product Portfolio Includes:

• GPON and MLLN telecom products
• Wi-Fi access points and encryption units
• Smart energy meters, smart cards, mini PCs
• Optical fiber cables, HDPE ducts, antennas

Additional Development

The company's Board approved the allotment of equity shares to the President of India, amounting to ₹59 Crore. This allotment aligns with a CAPEX infusion under a BIFR Order dated January 8, 2013.

Summary

ITI shares surged 9% after the company posted a strong set of Q4 results for FY25. A sharp rise in revenue, a substantial reduction in losses, and improved operational metrics contributed to the rally. Despite being below its yearly high, the stock has shown strong momentum in recent months, reflecting renewed investor confidence.