The Investment Trust Of India Limited has informed the Exchange regarding Appointment of Ms Darshna Devang Mehta as Senior Management Personnel of the company w.e.f. July 25, 2025.
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The board of The Investment Trust of India Limited, at its meeting on July 25, 2025, approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a standalone basis, the company swung to a profit after tax of Rs 12.72 lakhs versus a loss of Rs 42.68 lakhs in the same quarter last year, with total income rising to Rs 510.45 lakhs. On a consolidated basis, profit after tax declined to Rs 1,020.80 lakhs (from Rs 1,291.37 lakhs YoY) on total income of Rs 7,726.44 lakhs, with the broking segment profit falling sharply to Rs 738.03 lakhs from Rs 1,881.56 lakhs a year ago. The board also approved the dilution of its 50.33% stake in subsidiary ITI Gold Loans Limited, meaning the company will cease to be its holding company and IGLL will become an associate, subject to shareholder approval. Two senior management personnel were designated, Mrs. Darshna Mehta (Group Head-HR) and Mr. Mannish Patil (Group Head-IT), and Mrs. Papia Sengupta was re-appointed as Independent Director for another five-year term starting December 18, 2025.
Standalone results show a small turnaround, but consolidated profit has shrunk year-on-year, indicating pressure on the broking business. The dilution in ITI Gold Loans means the company gives up control of a growing NBFC subsidiary in exchange for capital efficiency, which may affect future consolidated earnings contribution. Shareholders will need to approve the dilution, ESOP revision, and Independent Director re-appointment at the AGM on August 25, 2025.