ITC INFOTECH LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the above, the Directors are confident that the business plan projections support their reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Significant events

• “In 2024-25 the Company achieved revenue of GBP 28.80 million with a net profit of GBP 1.33 million. Revenue in the current year was impacted by the changes in strategic priorities in a few key accounts, in the backdrop of the volatile macro-economic environment. During this year, we have invested in building our AI capabilities, created innovative GenAI powered platforms and accelerators which addresses unique challenges of our clients.”
• “The Company terminated a contract on 13 November 2023, the costs to obtain and the related liability of which were originally capitalized for a total amount of $ 1.5 million (£1.13 million) during the year ended 31 March 2022. As a result of the termination, a net gain of £299,139 has been recognised in the income statement.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -15.5%

  £34,107,995 → £28,804,778

• Cash

  +37.3%

  £3,714,848 → £5,102,108

• Net assets

  -7.1%

  £10,304,766 → £9,575,270

• Employees

  -11.5%

  104 → 92

• Operating profit

  -6.7%

  £1,713,664 → £1,599,369

• Profit before tax

  -5.4%

  £1,674,122 → £1,584,554

• Wages

  -12.2%

  £10,691,801 → £9,392,507

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers