Shares of ITI surged over 18% in two days after the state-run telecom PSU reported a sharp narrowing of losses in Q4FY25. The company posted a net loss of Rs 4.4 crore, down from Rs 238.8 crore last year, aided by an exceptional gain. Revenue jumped 74% YoY to Rs 1,045.7 crore, while EBITDA loss also narrowed significantly.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets