Rajkot Investment Trust scheduled its 44th Annual General Meeting for September 29, 2026, to approve shifting its registered office from Rajkot to Surat. The NBFC reported a 15% drop in profit after tax (PAT) to ₹12.76 lakh in FY26.

The Board of Directors approved the relocation of the registered office within Gujarat, subject to shareholder approval and statutory filings. The move transfers the address from 526, Star Chambers, Harihar Chowk, Rajkot, to M-23, Super Tex Tower, Opp. Kinney Talkies, Ring Road, Surat.

Annual General Meeting Details

The 44th AGM is scheduled for Tuesday, September 29, 2026, at 3:00 pm via Video Conferencing or Other Audio-Visual Means. The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026. The cut-off date for determining eligibility is Tuesday, September 22, 2026.

Financial Performance FY26

Revenue from operations declined 37% to ₹57.45 lakh in FY26, down from ₹91.65 lakh in FY25. Total expenditure fell 45% to ₹39.93 lakh. Profit before tax decreased to ₹17.51 lakh from ₹20.02 lakh in the previous year. Current tax expense was ₹4.75 lakh.

Other Board Approvals

The Board approved the Directors' Report for FY26 for inclusion in the Annual Report. It also appointed M/s. Ravindra Dhakar and Associates as the Internal Auditor for FY27, based on the Audit Committee's recommendation.

Mr. Prashant Kulshrestha of M/s JKPA & Associates was appointed as the scrutinizer for the e-voting process, ensuring compliance with SEBI LODR Regulations and the Companies Act, 2013.

Rajkot Investment Trust Ltd reported a net profit of ₹12.12 lakh for the first quarter ended June 30, 2026, marking a return to profitability after posting a net loss of ₹9.54 lakh in the previous quarter. The company’s total income from operations stood at ₹9.78 lakh, reflecting a significant contraction of 54% compared to ₹21.30 lakh in the corresponding quarter of FY26.

The Board of Directors approved the unaudited standalone financial results on August 13, 2026. The results were reviewed by the Audit Committee prior to approval.

Financial Performance

Net profit before tax rose to ₹12.42 lakh from ₹8.54 lakh in the preceding quarter and ₹1.16 lakh in Q1FY26. After accounting for taxes, exceptional, and extraordinary items, the final net profit reached ₹12.12 lakh.

What the Numbers Show

The divergence between revenue decline and profit expansion indicates a shift in cost structure or margin dynamics during the quarter. While top-line income dropped more than half year-on-year, pre-tax profits surged nearly tenfold compared to the same period last year. This suggests that fixed costs may have decreased or that the mix of income generated higher margins despite lower volume.

Per Share Data

Earnings per share (EPS) for continuing and discontinued operations stood at ₹0.96 for the quarter, an improvement from the diluted EPS of -₹1.30 recorded in Q4FY26. Basic EPS was ₹0.85 in Q1FY26. Equity share capital remained unchanged at ₹100.00 lakh, with reserves excluding revaluation reserve standing at ₹406.71 lakh as of June 30, 2026.