Approval of Financial results for the quarter ended 30th June 2025
Awaiting price reaction for this filing.
Amit International Ltd's board, at its meeting on August 12, 2025, approved the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). The company reported total revenue of Rs. 8.91 lacs (entirely from 'Other Income', with nil revenue from operations), up from Rs. 8.23 lacs in Q1 FY25. Profit after tax stood at Rs. 4.15 lacs vs Rs. 3.92 lacs in the year-ago quarter, with EPS of Rs. 0.022 vs Rs. 0.021. The auditor (Vinod S. Mehta & Co.) issued an unmodified review report. The board also approved shifting the registered office from Marine Lines (Dalamal Chambers) to Juhu (Nirav Apartment) in Mumbai and noted the company may apply for GST registration.
The results are marginal and reflect a company with no operating revenue, relying solely on other income (likely interest/treasury). The lack of core business activity is a key concern for shareholders despite the small profit. The office shift and potential GST registration suggest possible future business activation, but near-term fundamentals remain weak with very low absolute earnings on a large equity base of Rs. 1,894.77 lacs.