Shares of ITI Ltd rose 10 percent on Wednesday after the company posted narrowing its losses for the fourth quarter ended March 2025.
The company reported a net loss of Rs 4.4 crore for Q4, significantly lower than the loss of Rs 238.8 crore in the same quarter last year. The improvement in performance was aided by an exceptional gain of Rs 62.41 crore.
Revenue for the quarter jumped 74 percent year-on-year to Rs 1,045.7 crore, up from Rs 601 crore reported in the corresponding period of the previous year.
In contrast, shares of Bosch and 3M India slipped up to 3 percent during the day’s trade.
Bosch reported a 16 percent rise in revenue from operations to Rs 5,233 crore, supported by strong growth in the tractor and passenger vehicle segments.
3M India, however, posted a 60 percent drop in net profit to Rs 71 crore for Q4FY25. Its revenue from operations rose 9 percent to Rs 1,198 crore compared to the same quarter last year.
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