ITI2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member ITI2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares ITI 2021-04-01 2022-03-31 2022-01-31 INR Lakhs Third quarter Single segment The Co is primarily engaged in business of manufacturing, trading and servicing of telecommunication equipments and rendering other associated/ancillary services and there are no other reportable segments. The Company is primarily operating in India, which is considered as a single geographical segment. The company is also engaged in Defence projects. The MCA vide its notification dt.23.02.2018 has exempted companies engaged in the Defence production from the requirement of Segment Reporting. 2021-10-01 2021-12-31 Unaudited Consolidated 1373237000.00 66967000.00 1440204000.00 658298000.00 330940000.00 47632000.00 555016000.00 497008000.00 118527000.00 158725000.00 2366145000.00 -925941000.00 0.00 -925941000.00 0.00 0.00 0.00 0.00 -925941000.00 0.00 0.00 0.00 -154000.00 -926095000.00 48989000.00 -877106000.00 0.00 0.00 9335200000.00 10 -0.99 -0.99 0.00 0.00 -0.99 -0.99 1. The above financial results for the period ended 31.12.2021 were reviewed by the Audit Committee on 11.02.2022 and upon its recommendation were approved by the Board of Directors at their meeting held on 11.02.2022 2. These results have been prepared in accordance with the INDAS notified under the Companies (Indian Accounting Standards) Rules 2015, as amended 3. A Limited Review of the above Unaudited Financial Results has been carried out by Statutory Auditors of the Company pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. 4. The Company is primarily engaged in business of manufacturing, trading and servicing of telecommunication equipments and rending other associated / ancillary services and there are no other reportable segments. The Company is primarily operating in India, which is considered as a single geographical segment. The Company is also engaged in Defence projects. The MCA vide its notification dated 23.02.2018 had exempted companies engaged in the Defence Production from the requiremenrt of Segment Reporting. 5.The Company is a Sick Company as per provisions of Sick Industrial Companies Act (SIC) 1985. CCEA has approved a financial assistance of Rs.4158.79 Crore in Febraury, 2014 for revival of IT under Rehabilitation Scheme. 6.The Spread of Covid 19 Panbdemic and subsequent restrictions during the year adversely impacted several businesses across the globe. There was a moderate impact on the Companu's operations / performance for the Nine Months ended 31.12.2021. Based on the information (Internal as well as External) available up to the date of approval of these Quarterly financial results, the Company expects to recover the carrying amounts of trade receivables and other financial assets. The Company will continue to closely monitor the developments, future economic and business outlook and its impact on the Company's future performance. 7. ITI has invested in 49% of Equity Share Capital of its Joint Venture India Satcom Limited for the cost of Rs.40.55 lakhs. According to INDAS 28, the consolidation of interest in Joint Ventures can be done by using Equity Method, wherein the share of investor in the networth of investee can be directly taken as value of investment in the books of investor and the difference between old value and new value is shown in Statement of Profit and Loss as Share of Net Profit of associates and Joint Venture. 8. Rs in Lakhs EPS calculation: Quarter ended Nine Months Ended 31-12-2021 31-12-2021 Profit After Tax (9,261) (23,636) Less: Preference Dividend - - Dividend tax - - Profit available to equity shareholders (9,261) (23,636) No. of Shares at beginning of the period 933522869 933522869 No. of Shares issued during the period. - - No. of Shares at the end of the period. 933522869 933522869 Weighted average no of shares during the period 933522869 933522869 Earning per equity share (for continuing operation): Basic & Diluted( in Rs ) (0.99) (2.53) 9. The above results are available at www.itiltd.in and website of stock exchanges at www.bseindia.com and nseindia.com. Single segment 2021-04-01 2021-12-31 Unaudited Consolidated 7192319000.00 290323000.00 7482642000.00 2285437000.00 3519824000.00 11195000.00 1675715000.00 1397373000.00 369911000.00 586381000.00 9845835000.00 -2363193000.00 0.00 -2363193000.00 0.00 0.00 0.00 0.00 -2363193000.00 0.00 0.00 0.00 -450000.00 -2363643000.00 146967000.00 -2216676000.00 0.00 0.00 9335200000.00 10 -2.53 -2.53 0.00 0.00 -2.53 -2.53 Manufacturing Administrative and Selling expense 158725000.00 Manufacturing Administrative and Selling expense 586381000.00