Below are the financial statements of ITI, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 12,636.32a | 13,954.45a |
| Other income | 444.98a | 525.49a |
| Total income | 13,081.3a | 14,479.94a |
| Expenses | — | — |
| Cost of materials consumed | -837.29a | -1,644.15a |
| Purchase of stock-in-trade | -3,563.66a | -2,733.72a |
| Installation & maintenance charges | -7,183.93a | -7,766.47a |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | -252.56a | -332.28a |
| Employee benefit expense | -2,317.96a | -2,288.71a |
| Finance costs | -2,413.88a | -2,095.84a |
| Depreciation and amortization expense | -531.23a | -494.98a |
| Other expenses | -1,671.41a | -1,389.3a |
| Total expenses | -18,771.92a | -18,080.9a |
| Profit (loss) before share of profit (loss) of an associate/a joint venture and exceptional items | -5,690.61a | -3,600.97a |
| Share of net profit of associates and joint ventures accounted for using the equity method | 1.41a | 2.43a |
| Profit (loss) before exceptional items and tax | -5,689.2a | -3,598.54a |
| Exceptional items | — | — |
| Income | 0a | 0a |
| Expenses | 0a | 0a |
| Profit (loss) before tax | -5,689.2a | -3,598.54a |
| Tax expense | — | — |
| Current tax | 0a | 0a |
| Deferred tax | 0a | 0a |
| Profit (loss) for the period | -5,689.2a | -3,598.54a |
| Items that will not be reclassified to profit or loss | — | — |
| Remeasurements of defined benefit plans | -212.05a | -607.9a |
| Change in fair value of equity instrument through OCI | 0a | 0a |
| Income tax relating to items that will not be reclassified to profit or loss | 0a | 0a |
| Other comprehensive income | — | — |
| Items that will be reclassified to profit or loss | 0a | 0a |
| Income tax relating to items that will be reclassified to profit or loss | 0a | 0a |
| Total comprehensive income for the period | -5,901.25a | -4,206.44a |
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