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.

Rajkot Investment Trust Limited reported a net profit of ₹12.77 lakh for the financial year ended March 31, 2026, a decrease from ₹14.93 lakh in the previous year. Revenue from operations for the year stood at ₹57.45 lakh, down from ₹91.69 lakh in FY25. The company's board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, during a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹13.00 lakh compared to a net profit of ₹6.66 lakh in the corresponding quarter of the previous year. Total revenue for the quarter was ₹13.28 lakh. The statutory auditors, M/s. C.P. Jaria & Co., Chartered Accountants, issued an unmodified opinion on the standalone financial results.

Financial Performance

The company's total assets as of March 31, 2026, were ₹3,440.00 lakh, comprising non-current assets of ₹213.40 lakh and current assets of ₹3,226.60 lakh. Total equity stood at ₹485.97 lakh, while total liabilities were ₹2,954.03 lakh. Cash and cash equivalents decreased to ₹380.01 lakh from ₹385.50 lakh at the end of the previous year.

The financial results were reviewed by the Audit Committee and approved by the Board. The figures are in compliance with the Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs.