The board of ITI Ltd will meet on Monday to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2019. After posting a loss of ₹61.04 crore for the first quarter, the telecom equipment firm recorded profit of ₹7.19 crore in Q2 of the current fiscal.
During FY19, it had posted a profit of ₹92.54 crore and revenues of ₹1,668.37 crore. Analysts will monitor the performance, as it could throw some light on the Q3 performance of India Inc.