THE MINISTER OF STATE IN THE MINISTRY OF COMMUNICATIONS AND INFORMATION TECHNOLOGY (SHRI ASHOK PRADHAN)
(a) Yes, Sir.
(b) Net profit and the operating income of Indian Telephone
Industsries (ITI) Ltd. are as follows:
(Rs. in crores)
Year Net Operating Profit Income
2001-02 27.55 2144.20 2001-02 21.58 2317.17 2002-03 (-)374.75 1798.54
(c) The Government had asked ITI Ltd. to submit a
comprehensive Revival Plan along with various initiatives
taken by the Company including cost cutting measures and also
to indicate the commitments with Action Plan along with the
milestones.