₹36.46 crore for the March quarter as against ₹68.74 crore in the same period a year ago, on account of COVID-19 disrupting the supply chain NEW DELHI : State-run electronics manufacturing firm ITI Ltd on Friday posted a 47% drop in consolidated profit at ₹36.46 crore for the March quarter on account of COVID-19 disrupting the supply chain.The company had reported a profit of ₹68.74 crore in the same period a year ago. "The manufacturing operations completely stopped from March 22.
The impact of coronavirus was there on the supply chain at the beginning of March."Components from China and neighbouring countries could not be sourced due to COVID-19 crisis.