Submission of Unaudited Financial Results for the Quarter ended June 30, 2025
Awaiting price reaction for this filing.
Iykot Hitech Toolroom Ltd reported its Q1 FY26 standalone unaudited results, posting total income from operations of Rs 68.43 lakhs, down sharply from Rs 155.27 lakhs in the same quarter last year (Q1 FY25) and also lower than Rs 97.45 lakhs in the previous quarter (Q4 FY25). Total expenses stood at Rs 103.81 lakhs, resulting in a loss from operations of Rs 35.38 lakhs. The company reported a net loss of Rs 35.38 lakhs (EPS of -0.31), although the loss narrowed from Rs 55.96 lakhs in Q1 FY25. Full-year FY25 ended with a net loss of Rs 104.54 lakhs on revenue of Rs 509.97 lakhs. The statutory auditors (KGS & Associates) issued an unmodified limited review report with no qualifications. The board also approved convening the 34th AGM via video conferencing and appointed CDSL as the e-voting facilitator.
Revenue has shrunk by roughly 56% year-on-year and the company remains loss-making, which is a concern for shareholders. The narrowing of the quarterly loss versus the year-ago period is a small positive, but the overall trend of declining top-line and persistent losses suggests continued pressure on the stock.