ITI Ltd

ITI has commenced the work for State Network Operations Center (S-NOC) of the monumental BharatNet Phase-III Project at Solan in Himachal Pradesh in coordination with BSNL. S-NOC is a centralized location performance, security, where and ITI availability will of monitor project's and network manage the infrastructure, ensuring efficient delivery of services. In November 2024, ITI had emerged as L1 for BharatNet Phase-III Project in the states of Himachal Pradesh for Package No. 8, and in West Bengal, and Andaman & Nicobar Islands for Package No. 9 with total order value of Rs. 5050 crore. This project is envisaged for the Development of Middle Mile Network of BharatNet Project on a Design Build Operate and Maintain (DBOM) Model and is funded by Universal Service Obligation Fund (USOF), Government of India. The Government of India launched BharatNet Phase-III Project to connect all gram panchayats across the country to the IP-MPLS Ring Network. This modern S-NOC will monitor the connectivity of all gram panchayats (GPs) in Himachal Pradesh and will assist in providing connectivity to consumers at the last mile. The project will be implemented by ITI in Himachal Pradesh and under this scheme, 3,615 gram panchayats will be connected to 91 block headquarters via 10 Gbps bandwidth, which will be connected to the BSNL IP-MPLS Ring Network. This connectivity will be extended to 15,538 villages across the state. Approximately 20,000 kilometers of optical fiber cable (OFC) will be laid in across Himachal Pradesh for this project. Powered by Capital Market - Live

Net Loss of ITI reported to Rs 48.88 crore in the quarter ended December 2024 as against net loss of Rs 101.25 crore during the previous quarter ended December 2023. Sales rose 299.68% to Rs 1034.54 crore in the quarter ended December 2024 as against Rs 258.84 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1034.54258.84 300 OPM %-1.02-16.80 - PBDT-36.21-87.66 59 PBT-48.88-101.25 52 NP-48.88-101.25 52 Powered by Capital Market - Live

ITI will hold a meeting of the Board of Directors of the Company on 13 February 2025.Powered by Capital Market - Live

ITI has won a large contract from the Rural Development Department, Govt. of Maharashtra to set up, operationalize, rollout and monitor the implementation of Aaple Sarkar Seva Kendra (ASSK) in Gram Panchayats (ASSK-GP ) of Chatrapathi Sambhaji Nagar Region, Nagpur Region, and Amaravati Region of Maharashtra. The contract also covers maintenance of systems for a period of one year. The project cost is approximately around Rs. 167 crore which includes the cost of deployment of technical manpower at the ASSK-GP, and the entailing Project Management expenses.Powered by Capital Market - Live

The company has bagged Rs 35 crore contract from Sambalpur University in Odisha. The company will set up campus-wide Wi-Fi and LAN networks across 80 locations to provide seamless internet and intranet access across the campus. The scope of the project includes supply, installation, commissioning, and a three-year maintenance period. The company will also provide a Secure Wireless Controller with additional functionalities, such as an authenticator and restrictions for unauthorized users. In another order, the company has been awarded Rs 29.14 crore contract by Central Railways for installing an integrated security system at six key stations in Mumbai. The project will involve the installation of an IP-based video surveillance system at six stations including Chhatrapati Shivaji Maharaj Terminus, Dadar, Kurla, Lokmanya Tilak Terminus, Thane, and Kalyan. The contract also includes testing, commissioning, and five years of annual maintenance after the initial three-year warranty. Over 1,400 cameras will be installed to improve passenger safety across these stations. The project is expected to be completed within 12 months from the receipt of the Letter of Award (LoA). Rajesh Rai, chairman and managing director, ITI, said, - 'We are very happy to win these two contracts and though the order value is small, it is strategically important win for us as it opens up potentially lucrative avenues in two new domains. ITI Limited is always excited to provide the whole spectrum of Information and Communications Technology (ICT) services to educational institutes, Railways and any other client. The campus Wi-Fi and LAN services would not only improve the pedagogical experience of the students but will also support the institution's operational and administrative needs.' Further he added, 'Our team is very excited and highly motivated to work on these contracts as always and I am confident that we will deliver them ahead of time. We hope that our work will help in creating a safer presence for the passengers of Central Railways.' ITI, a multi-unit central public sector undertaking, is a total solutions provider in telecommunications segment. The company offers complete range of telecom products covering the whole spectrum of switching, transmission, and access & subscriber premises equipment. On a consolidated basis, ITI reported net loss of Rs 70.33 crore in Q2 FY25 as against net loss of Rs 126.01 crore in Q2 FY24. Net sales soared 312.30% year-on-year to Rs 1,016.20 crore in Q2 FY25. The 4.09% to 404.05 on the BSE.Powered by Capital Market - Live

ITI has forayed into security systems and education / ICT domain having received orders from Sambalpur University in Odisha for Wi-Fi & LAN worth Rs. 35 crore, and Integrated Security System from Central Railways worth Rs. 29.14 crore totaling Rs, 64 crore and the details are as given below: The company has received a contract worth more than Rs. 35 crore from Sambalpur University, Odisha to establish Campus Wi-Fi and LAN at 80 locations in its University campus to meet the need of providing seamless internet and intranet access across the campus. This project includes supply, installation, commissioning along with three years maintenance period. ITI will supply Secure Wireless Controller with additional functionalities like authenticator & restricted unauthorised users, and so on. ITI has also received a contract worth Rs. 29.14 crore from Central Railways (Mumbai) for Integrated Security System consisting of IP Based Video surveillance system at six railway stations of Mumbai division. The scope of work includes supply, installation, testing and commissioning of Integrated Security System consisting of IP based video surveillance system at six railway stations of Mumbai division viz. Chhatrapati Shivaji Maharaj Terminus, Dadar, Kurla, Lokmanya Tilak Terminus, Thane and Kalyan of Central Railways, and AMC for five years after expiry of warranty period of three years. The period of completing the project is 12 months from the receipt of the Letter of Award (LoA). As part of this contract, over 1400 number of cameras will be installed which will provide a line of safety for the passengers of Central Railways. Powered by Capital Market - Live

Dhani Services Ltd, Oil India Ltd, Jai Corp Ltd and Equinox India Developments Ltd are among the other losers in the BSE's 'A' group today, 09 January 2025.ITI Ltd crashed 9.89% to Rs 432.05 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 7.09 lakh shares were traded on the counter so far as against the average daily volumes of 12.12 lakh shares in the past one month.Dhani Services Ltd tumbled 6.49% to Rs 95.64. The stock was the second biggest loser in 'A' group.On the BSE, 3.3 lakh shares were traded on the counter so far as against the average daily volumes of 3.72 lakh shares in the past one month.Oil India Ltd lost 6.32% to Rs 460.5. The stock was the third biggest loser in 'A' group.On the BSE, 1.82 lakh shares were traded on the counter so far as against the average daily volumes of 1.5 lakh shares in the past one month.Jai Corp Ltd plummeted 6.12% to Rs 191. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.37 lakh shares were traded on the counter so far as against the average daily volumes of 2.24 lakh shares in the past one month.Equinox India Developments Ltd fell 6.03% to Rs 134.75. The stock was the fifth biggest loser in 'A' group.On the BSE, 6.31 lakh shares were traded on the counter so far as against the average daily volumes of 5.52 lakh shares in the past one month.Powered by Capital Market - Live

K E C International Ltd, Zomato Ltd, Info Edge (India) Ltd and KPI Green Energy Ltd are among the other losers in the BSE's 'A' group today, 07 January 2025.ITI Ltd lost 9.99% to Rs 491.25 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 16.27 lakh shares were traded on the counter so far as against the average daily volumes of 13.83 lakh shares in the past one month.K E C International Ltd tumbled 4.96% to Rs 1129.8. The stock was the second biggest loser in 'A' group.On the BSE, 41323 shares were traded on the counter so far as against the average daily volumes of 23450 shares in the past one month.Zomato Ltd crashed 4.42% to Rs 252.95. The stock was the third biggest loser in 'A' group.On the BSE, 26.91 lakh shares were traded on the counter so far as against the average daily volumes of 21.66 lakh shares in the past one month.Info Edge (India) Ltd plummeted 4.31% to Rs 8429.9. The stock was the fourth biggest loser in 'A' group.On the BSE, 9577 shares were traded on the counter so far as against the average daily volumes of 4673 shares in the past one month.KPI Green Energy Ltd shed 3.23% to Rs 504.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.31 lakh shares were traded on the counter so far as against the average daily volumes of 60355 shares in the past one month.Powered by Capital Market - Live

Aegis Logistics Ltd, KIOCL Ltd, Easy Trip Planners Ltd and Devyani International Ltd are among the other gainers in the BSE's 'A' group today, 06 January 2025.ITI Ltd spiked 15.29% to Rs 527.15 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 26.9 lakh shares were traded on the counter so far as against the average daily volumes of 12.43 lakh shares in the past one month. Aegis Logistics Ltd soared 11.83% to Rs 906.1. The stock was the second biggest gainer in 'A' group. On the BSE, 2.89 lakh shares were traded on the counter so far as against the average daily volumes of 44246 shares in the past one month. KIOCL Ltd surged 9.37% to Rs 435.35. The stock was the third biggest gainer in 'A' group. On the BSE, 1.9 lakh shares were traded on the counter so far as against the average daily volumes of 21927 shares in the past one month. Easy Trip Planners Ltd added 6.19% to Rs 16.48. The stock was the fourth biggest gainer in 'A' group. On the BSE, 101.33 lakh shares were traded on the counter so far as against the average daily volumes of 48.23 lakh shares in the past one month. Devyani International Ltd advanced 5.81% to Rs 201.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 5.59 lakh shares were traded on the counter so far as against the average daily volumes of 1.68 lakh shares in the past one month. Powered by Capital Market - Live

Happiest Minds Technologies Ltd, Greenlam Industries Ltd, Astrazeneca Pharma India Ltd and Inox Green Energy Services Ltd are among the other gainers in the BSE's 'A' group today, 30 December 2024.ITI Ltd spiked 17.38% to Rs 385 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 11 lakh shares were traded on the counter so far as against the average daily volumes of 8.91 lakh shares in the past one month. Happiest Minds Technologies Ltd soared 10.25% to Rs 771.95. The stock was the second biggest gainer in 'A' group. On the BSE, 48972 shares were traded on the counter so far as against the average daily volumes of 36729 shares in the past one month. Greenlam Industries Ltd surged 9.90% to Rs 614.5. The stock was the third biggest gainer in 'A' group. On the BSE, 15197 shares were traded on the counter so far as against the average daily volumes of 2028 shares in the past one month. Astrazeneca Pharma India Ltd advanced 9.07% to Rs 6954. The stock was the fourth biggest gainer in 'A' group. On the BSE, 3200 shares were traded on the counter so far as against the average daily volumes of 658 shares in the past one month. Inox Green Energy Services Ltd jumped 6.50% to Rs 174.5. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.52 lakh shares were traded on the counter so far as against the average daily volumes of 2.13 lakh shares in the past one month. Powered by Capital Market - Live