we are hereby enclosing results for the quarter ended 30 june, 2025.
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Fortune International Limited reported its Q1 FY26 results with zero revenue from operations on both standalone and consolidated bases, continuing a trend of no core business activity. Total income came only from other income of Rs. 1.56 lakhs (vs Rs. 0.55 lakhs in Q1 FY25). On a standalone basis, the company posted a loss after tax of Rs. 0.51 lakhs, an improvement from a Rs. 3.26 lakh loss a year ago. Standalone other equity remains negative at Rs. (232.63) lakhs as of March 2025, indicating accumulated losses exceed share capital. On a consolidated basis, the company swung to a profit of Rs. 172.69 lakhs (EPS Rs. 2.45), almost entirely driven by its share of profits from associate Fortune Stones Limited of Rs. 173.20 lakhs, which was not independently reviewed by its auditors. The auditor D. Kothary & Co. issued an unmodified limited review report.
For shareholders, the standalone entity shows no operating revenue and negative reserves, making it effectively a holding shell. All meaningful earnings come from the associate Fortune Stones Limited, whose financials were not independently audited. Stock price impact is likely limited as the company has minimal trading activity, but investors should note the standalone weakness and dependence on the associate.