The Investment Trust of India Limited has transferred its fund and asset management business to its wholly-owned subsidiary, ITI Asset Management Limited, following the receipt of necessary regulatory approvals. The transfer, effective as part of a business reorganisation, consolidates the group's asset and fund management activities. The company will continue to serve as the Sponsor for the transferred funds.

The Board of Directors of investment trust of india had previously approved the transfer of its advisory business relating to the ITI Long Short Fund and the ITI Long Short Equity Offshore Fund (IFSC). All required consents have now been secured, including approvals from the International Financial Services Centres Authority (IFSCA) and the Securities and Exchange Board of India (SEBI).

Consequent to these approvals, the investment management, advisory, and related fund management functions for the specified funds have been shifted to ITI Asset Management Limited. This move is aimed at streamlining the group's operations. The Investment Trust of India Limited clarified that it remains the Sponsor of the ITI Long Short Fund and the ITI Long Short Equity Offshore Fund (IFSC).

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously informed the exchanges regarding the proposed transaction on February 13, 2025, and May 9, 2025.

The Investment Trust of India Limited's Board of Directors, at its meeting held on May 13, 2026, approved the audited consolidated and standalone financial results for the quarter and year ended March 31, 2026. The statutory auditor, M/s Ramesh M. Sheth & Associates, Chartered Accountants, issued an unmodified opinion on the audited financial results. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published these results in the Financial Express (English) and Navshakti (Marathi) on May 14, 2026. The results are also hosted on the company's website at www.itiorg.com and on the websites of the stock exchanges.

Consolidated Financial Performance

The company's consolidated financial results for the year ended March 31, 2026 reflect a moderation in income and profitability compared to the prior year. Total consolidated income declined to ₹30,170.90 lakhs from ₹36,499.09 lakhs in FY25, driven by a fall in revenue from operations to ₹28,454.29 lakhs from ₹35,296.87 lakhs. Net profit after tax for the full year stood at ₹3,471.45 lakhs, compared to ₹4,592.47 lakhs in FY25. For the quarter ended March 31, 2026, consolidated net profit after tax was ₹609.18 lakhs against ₹684.65 lakhs in the corresponding quarter of the previous year.

The following table summarises the key consolidated financial metrics:

The share of profit from associates contributed ₹1,753.15 lakhs to the consolidated profit for FY26, compared to ₹1,043.51 lakhs in FY25. Total expenses for the year were ₹27,395.75 lakhs against ₹30,881.78 lakhs in the prior year. Employee benefits expense for FY26 stood at ₹12,336.77 lakhs, while finance costs were ₹3,684.80 lakhs. An exceptional item of ₹107.17 lakhs, representing gain on loss of control of subsidiary ITI Gold Loans Limited, was recognised during the year.

Consolidated Balance Sheet Highlights

On the consolidated balance sheet, total assets as at March 31, 2026 stood at ₹99,809.93 lakhs, compared to ₹1,54,233.88 lakhs as at March 31, 2025. Total equity attributable to owners of the company was ₹73,560.65 lakhs as at March 31, 2026, against ₹70,517.98 lakhs in the prior year.

Standalone Financial Performance

On a standalone basis, the company reported a net loss after tax of ₹161.89 lakhs for FY26, compared to a net profit of ₹16.55 lakhs in FY25. Total standalone income for the year was ₹1,926.66 lakhs versus ₹2,092.54 lakhs in the prior year. Total standalone expenses for FY26 were ₹2,147.82 lakhs compared to ₹2,084.52 lakhs in FY25.

Corporate Restructuring Decisions

The Board approved a scheme of amalgamation of four wholly owned subsidiaries — ITI Gilts Limited, ITI Wealth Management Limited, ITI Alternate Funds Management Limited, and Fortune Management Advisors Limited — with The Investment Trust of India Limited as the transferee company. The scheme is proposed to be effective from April 1, 2026 and is subject to requisite approvals. The stated rationale includes consolidation of businesses, elimination of multi-layered structure, and reduction in administrative costs.

Separately, the Board decided not to pursue the previously announced scheme of arrangement in the nature of demerger of the company's Non-lending Business Undertaking into Distress Asset Specialist Limited (DASL). The Board's decision to withdraw the scheme was disclosed in compliance with Regulation 30 of the SEBI Listing Regulations.