Public sector telecom equipment producer ITI Ltd today said it has achieved a turnover of Rs 1,829 crore in the financial year 2008-09 -- the highest in seven years.
Despite facing severe financial constraints, it has been a satisfying year for the company especially on the production front, ITI Ltd said in a statement.
The manufacturing, installation and commissioning activities constituted about 82 per cent of the turnover while trading contributed to close to 18 per cent, ITI Ltd Director (Production) Ravi Agarwal said.
The company has been able to garner the support of the Government, the Ministry of Communications in particular, for revival of the company to infuse the required working capital, the statement said.
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