IITL Q2 loss, subsidiary IITL Projects flagged as not a going concern

Going-concern doubtEmphasis of matterNet loss reportedRevenue declinedRelated-party transactionsResults View source PDF Explain this filing

IITL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹187.50

prior close

₹187.34

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.8% vs market

Investment Company peers, median of 57sector+0.0%-1.9% vs sector

On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 1.9 pts less than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-0.7

15m

-0.7

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.9-0.1-1.8+0.0-1.9

Next day

-1.9-0.2-1.7-0.1-1.8

-2.5+0.4-2.9-0.3-2.3

-4.9-0.4-4.5-1.2-3.7

-8.8-0.6-8.2-1.3-7.5

-4.0-0.9-3.1-1.3-2.7

-12.8-3.0-9.8-3.1-9.7

15d

-11.1-3.9-7.2-5.5-5.5

-11.0-4.8-6.2-5.6-5.5

-18.9-7.8-11.1-9.0-9.9

-34.4-7.2-27.2-11.9-22.5

UpDownMarket · Nifty Microcap 250Sector · Investment Company peers, median of 57Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Industrial Investment Trust reported standalone loss of 346.44 lakhs in Q2 FY26 versus profit of 861.19 lakhs a year ago, hurt by net loss on fair value changes of 511.49 lakhs. Half year PAT fell to 668.42 lakhs from 1,497.02 lakhs. Consolidated Q2 also swung to a loss of 322.48 lakhs. Auditor flagged subsidiary IITL Projects Limited as not a going concern with negative net worth and accumulated losses of 606.71 lakhs. Board approved variation in 70 lakh preference shares of IITL Projects and appointed Mr Gorakh Ingale as Group CFO. Postal ballot sought for related party transaction approval.

Likely market impact

Q2 swing to loss and going concern flag on subsidiary may weigh on sentiment. Preference share variation and CFO change are largely administrative.