1. Approved the Audited Standalone Financial Statements/ Results for the quarter and financial year ended March 31, 2026 2. Noted that the Audited Consolidated Financial Statements/Financial ....
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The Board approved audited standalone financial results for FY ended March 31, 2026. Revenue increased significantly to Rs. 5,528.76 lakhs from Rs. 904.78 lakhs in the previous year, driven mainly by dividend income of Rs. 5,175.27 lakhs from investments. The company reported a profit after tax of Rs. 4,791.30 lakhs, a turnaround from a loss of Rs. 217.71 lakhs last year. EPS improved to Rs. 1.53 from negative Rs. 0.07. The auditor issued a qualified opinion due to the ongoing SFIO investigation against the IL&FS group and inability to assess consequential impacts. The auditors also noted material uncertainty regarding going concern, though management believes the assumption is appropriate. Consolidated results were deferred due to non-receipt of audited financials from subsidiary IL&FS Investment Advisors LLC. The Board recommended a dividend of Rs. 0.70 per share.
Despite strong financial turnaround, the qualified audit opinion and ongoing SFIO investigation against the IL&FS group create regulatory uncertainty. Shareholders should monitor the investigation outcome and note that consolidated financials remain pending.