This filing is part of the company’s quarterly result. Read the full results article, with every figure explained →
IITL Q2 profit turns positive; subsidiary net worth fully eroded
IITL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 8.4 pts more than Nifty Microcap 250 and 9.0 pts more than its Investment Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited Q2 and half-year results. Consolidated half-year revenue rose 159% to Rs 3,805.58 lakh and profit after tax rose 194% to Rs 2,089.88 lakh. Q2 swung to Rs 666.07 lakh profit. Operating cash flow was negative. IITL Projects has erased net worth, accumulated losses of Rs 780.51 lakh and inadequate cash flows, so its survival is uncertain. A Rs 24.34 crore buyback was completed. Borrowing up to Rs 200 crore was approved.
Profit growth supports the stock, but subsidiary distress and negative operating cash flow are key risks; new borrowing authority adds debt risk.
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Revenue | ₹11.20 Cr | −₹0.82 Cr | turned positive |
| Operating profit | ₹8.14 Cr | −₹4.00 Cr | turned positive |
| Profit after tax | ₹6.66 Cr | −₹3.22 Cr | turned positive |
| EBITDA margin | 80.8% | — | — |
From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.