Pursuant to Regulation 33 read with Regulation 30(6) of SEBI (LODR) Regulations, 2015, we hereby inform that the Board of Directors of the Company at their meeting held today i.e. on August ....
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Fortune International's board, meeting on August 14, 2025, approved unaudited standalone and consolidated results for Q1 FY26 (quarter ended June 30, 2025), along with the 43rd AGM notice, Director's Report, and appointment of internal/secretarial auditors and scrutinizer. On a standalone basis, the company reported zero revenue from operations, total income of just Rs 1.56 lakhs (entirely from other income), and a net loss of Rs 0.51 lakhs (EPS of Rs -0.01), compared to a Rs 3.26 lakh loss in Q1 FY25. Standalone other equity is negative at Rs (232.63) lakhs as of March 2025. On a consolidated basis, the standalone loss was more than offset by a Rs 173.20 lakh share of profit from associate Fortune Stones Limited, delivering a consolidated profit of Rs 172.69 lakhs (EPS Rs 2.45). Auditor D. Kothary & Co. issued an unqualified review report, though it flagged that Fortune Stones' interim financials were not independently reviewed.
For shareholders: the standalone entity is essentially a shell with no operating revenue, recurring losses, and negative reserves, so its standalone health is weak. The consolidated profit is entirely dependent on the associate Fortune Stones Ltd, whose numbers were not audited-reviewed — making the headline profit less reliable. Stock-price impact is likely muted given the tiny scale of operations.