Innovative Tech Pack returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹186.72 lakh compared to a loss of ₹1.81 lakh in the previous year. The company's revenue from operations for the year stood at ₹12,711.78 lakh, while total income reached ₹12,817.02 lakh. For the quarter ended March 31, 2026, the company posted a profit of ₹52.02 lakh, a significant turnaround from the loss of ₹329.32 lakh in the corresponding quarter of the previous year.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 29, 2026. M/s Mahesh Yadav & Co., Statutory Auditors, issued an unmodified opinion on the financial statements. However, the auditors drew attention to several material matters, including the write-off of debtors amounting to ₹141.20 lakh due to non-recovery despite NCLT proceedings and the payment of wages to contract workers in cash amounting to ₹94 lakh.

Financial Performance

The company's financial performance improved due to a reduction in total expenses, which decreased to ₹12,630.36 lakh in FY26 from ₹13,471.98 lakh in FY25. Key expense heads such as employee benefits expenses and other expenditure saw a decline during the year. Finance costs, however, increased to ₹500.65 lakh from ₹454.73 lakh in the previous year.

Auditor's Emphasis of Matter

The statutory auditor highlighted several compliance and operational risks in the report. The company has not appointed an internal auditor as per Section 138 of the Companies Act, 2013, for FY 2025-26. Additionally, actuarial valuation certificates for gratuity and leave encashment were not obtained for the year, with disclosures based on the valuation done for the year ended March 31, 2023. Trade receivables and trade payables remain subject to reconciliation and confirmation due to pending balance confirmations.

Other significant disclosures include the non-payment of interest to MSME creditors for amounts paid beyond the appointed date and the non-recognition of deferred tax due to management's view that there is no reasonable certainty of future profits. The auditor also noted that rent includes lease rentals for premises where the company does not possess legitimate lease deeds for all locations.

Innovative Tech Pack Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The certificate was filed with BSE Limited and The Calcutta Stock Exchange Limited on 14th April, 2026.

Regulatory Compliance Filing

The company submitted the mandatory certificate to both stock exchanges where its shares are listed. The filing details are presented below:

Registrar Confirmation

M/s Beetal Financial & Computer Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated 3rd April, 2026. The certificate confirms adherence to dematerialization requirements during the quarter.

Key Compliance Confirmations

The Registrar confirmed the following compliance aspects:

• Securities received from Depository Participants for dematerialization during March 2026 were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the prescribed 15-day timeline

Company Information

Innovative Tech Pack Limited operates with its corporate office located at Tower-2, Assotech Business Cresterra, Sector-135, Noida-201301. The company maintains multiple manufacturing facilities across Uttarakhand, Himachal Pradesh, Assam, and Haryana, with its registered office in Gurugram, Haryana.

This quarterly filing demonstrates the company's continued adherence to SEBI's regulatory framework governing depositories and participants, ensuring transparent and compliant securities handling processes.