Industrial Investment Trust Limited — Board Meeting, 24-05-2025: Outcome of Board Meeting

Industrial Investment Trust has announced a board meeting on May 24, 2025, approving the financial results for the quarter and half-year. The consolidated numbers reveal a loss after tax of ₹4.34 Cr for the year, down from a profit of ₹71.23 Cr last year, hit by impairment charges and negative fair value changes. Interest income stood at ₹23.79 Cr with total income at ₹17.30 Cr. The company completed the merger of two wholly owned subsidiaries and launched a new subsidiary, IITL Investment Advisors Pvt Ltd. M/s Sheetal Patankar & Co. continues as internal auditors for FY26. One subsidiary, IITL Projects Ltd, remains non-viable with eroded net worth.