Annual Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026
IITL · price
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Industrial Investment Trust Limited reported a standalone net loss of ₹1,332.21 lakhs for FY2026, compared to a net profit of ₹321.13 lakhs in FY2025. Total income turned negative at ₹(1,715.79) lakhs versus ₹1,496.27 lakhs previously, primarily due to significant net loss on fair value changes of ₹(3,528.81) lakhs. Interest income declined to ₹1,793.09 lakhs from ₹2,164.57 lakhs. The company's subsidiary IITL Projects Limited has been classified as non-going concern with negative net worth, accumulated losses exceeding paid-up capital, and no independent business operations. The Board also approved reclassification of promoter Mr. Swaran Singh to public shareholder and did not recommend any dividend. Auditors issued an unmodified opinion but included an emphasis of matter on the subsidiary's going concern status.
The significant net loss and negative fair value changes indicate substantial stress on investment portfolio values. The non-going concern status of the subsidiary IITL Projects Limited, in which the company holds ₹4,861.23 lakhs (equity + preference shares), poses a major risk of impairment. Shareholders should brace for continued losses and potential further write-downs.