ITI Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 1,570.4 million compared to INR 1,662.8 million a year ago. Revenue was INR 1,700.4 million compared to INR 1,882.6 million a year ago.

Net loss was INR 1,028.1 million compared to INR 997 million a year ago. Basic loss per share from continuing operations was INR 1.08 compared to INR 1.07 a year ago. Diluted loss per share from continuing operations was INR 1.08 compared to INR 1.07 a year ago.