Please find enclosed copies of Newspaper Advertisement of the Audited Standalone Financial Results of the Company for the quarter and Financial year ended March 31, 2026, published in The ....
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IITL Projects Ltd has published its audited standalone financial results for Q4 and financial year ended March 31, 2026 in newspapers (Free Press Journal and Navshakti) dated May 24, 2026. For FY26, total income from operations was Rs. 180.81 lakhs, a decline from Rs. 235 lakhs in FY25. Net profit after tax dropped significantly to Rs. 125.23 lakhs compared to Rs. 3,147.12 lakhs in FY25. Basic and diluted EPS for FY26 stands at Rs. 2.51 per share (face value Rs. 10). The company continues to show negative reserves of Rs. 523.76 lakhs. The results were reviewed by the Audit Committee and approved by the Board on May 22, 2026.
The significant decline in profitability compared to the previous year, despite maintaining positive EPS, may concern investors. The continued negative reserves position indicates accumulated losses. Shareholders should monitor the company's turnaround efforts and future revenue growth prospects.