ITI posts 20% rise in revenue to Rs 2,051 crore

INSUBCONTINENT EXCLUSIVE:
iti: ITI posts 20% rise in revenue to Rs 2,051 crore - The TheIndianSubcontinentNever miss a great news story!Get instant notifications from
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தமிழ்ET NOW RADIOET NOWTIMES NOWThe company had registered revenue of Rs 1,703 crore in 2017-18.PTI|Apr 12, 2019, 09.08 PM
ISTGetty ImagesNew Delhi: State-run telecom product maker ITI Ltd Friday said it has recorded 20 per cent growth in revenue at Rs 2,051
crore for financial year 2018-19. The company had registered revenue of Rs 1,703 crore in 2017-18. With the revival package support from the
government and execution of BharatNet phase 2 projects and rejuvenated manpower, the turnover of the company has improved, ITI said in a
statement. "The company's performance for current financial year has invigorated us to strengthen business verticals like Smart Energy
Meters, ICT-IOT, Mini PC manufacturing, Data Center hosting services, manufacturing of Rupay and Master cards with a focus on design and
development of indigenous products and technologies," ITI Chairman and Managing Director K Alagesan said. Commenting feature is disabled in
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