ITI Ltd Secures ₹880 Mn in Fresh Orders—Momentum Builds After BharatNet Wins

ITI Ltd, India’s pioneering telecom PSU, has bagged new orders worth ₹880 million, adding to its recent string of strategic wins. While the company hasn’t disclosed client specifics, the orders are expected to span network infrastructure, smart governance, and solar-powered systems, aligning with ITI’s push into digital connectivity and green tech.

 

This development follows ITI’s emergence as the lowest bidder (L1) for three packages under the BharatNet Phase-3 project, totaling ₹4,559 crore, covering states like Arunachal Pradesh, Nagaland, Manipur, Himachal Pradesh, West Bengal, and the Andaman & Nicobar Islands. The company also recently secured a ₹300 crore order from BREDA for solar street lighting in Bihar.

 

These wins mark a turnaround phase for ITI, which recently reported a sharp narrowing of losses in Q4FY25 and a 74% YoY revenue jump. The ₹880 million order further strengthens its order book visibility for FY26, reinforcing investor confidence.

 

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Source: Economic Times