Investment Trust of India FY26 Net Profit ₹3,471.45 Lakh; Board Approves Amalgamation
The Investment Trust of India Limited reported a consolidated net profit after tax of ₹3,471.45 lakhs for FY26, down from ₹4,592.47 lakhs in FY25, with total consolidated income declining to ₹30,170.90 lakhs. On a standalone basis, the company posted a net loss of ₹161.89 lakhs. The Board approved amalgamation of four wholly owned subsidiaries and withdrew a previously announced demerger scheme, while publishing audited results in Financial Express and Navshakti on May 14, 2026 per Regulation 47.
*this image is generated using AI for illustrative purposes only.
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:
| Metric: | Q4 FY26 (Audited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|
| Revenue from Operations (₹ Lakhs): | 5,312.40 | 9,398.52 | 28,454.29 | 35,296.87 |
| Other Income (₹ Lakhs): | 232.60 | 158.48 | 1,716.61 | 1,202.22 |
| Total Income (₹ Lakhs): | 5,545.00 | 9,557.00 | 30,170.90 | 36,499.09 |
| Total Expenses (₹ Lakhs): | 5,530.91 | 8,393.57 | 27,395.75 | 30,881.78 |
| Profit Before Tax (₹ Lakhs): | 804.89 | 1,100.13 | 4,635.47 | 6,660.82 |
| Net Profit After Tax (₹ Lakhs): | 609.18 | 684.65 | 3,471.45 | 4,592.47 |
| Total Comprehensive Income (₹ Lakhs): | 675.64 | 678.23 | 3,524.25 | 4,575.57 |
| Basic EPS (₹): | 1.18 | 1.10 | 5.76 | 8.14 |
| Diluted EPS (₹): | 1.18 | 1.10 | 5.76 | 8.14 |
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.
| Balance Sheet Item: | March 31, 2026 (₹ Lakhs) | March 31, 2025 (₹ Lakhs) |
|---|---|---|
| Total Assets: | 99,809.93 | 1,54,233.88 |
| Total Non-Current Assets: | 40,490.11 | 30,342.18 |
| Total Current Assets: | 59,319.82 | 1,23,891.70 |
| Total Equity (incl. NCI): | 73,526.89 | 75,318.37 |
| Total Non-Current Liabilities: | 900.21 | 1,467.05 |
| Total Current Liabilities: | 25,382.83 | 77,448.46 |
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.
| Metric: | Q4 FY26 (Audited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|
| Revenue from Operations (₹ Lakhs): | 297.99 | 309.82 | 1,174.05 | 1,085.60 |
| Other Income (₹ Lakhs): | 47.44 | 308.84 | 752.61 | 1,006.94 |
| Total Income (₹ Lakhs): | 345.43 | 618.66 | 1,926.66 | 2,092.54 |
| Total Expenses (₹ Lakhs): | 571.78 | 554.05 | 2,147.82 | 2,084.52 |
| Net Profit/(Loss) After Tax (₹ Lakhs): | (183.67) | 87.15 | (161.89) | 16.55 |
| Total Comprehensive Income/(Loss) (₹ Lakhs): | (182.62) | 85.84 | (163.98) | 12.36 |
| Basic EPS (₹): | (0.35) | 0.17 | (0.31) | 0.03 |
| Diluted EPS (₹): | (0.35) | 0.17 | (0.31) | 0.03 |
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.
Historical Stock Returns for Investment Trust of India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.11% | -20.17% | -5.40% | -24.94% | -34.17% | -1.96% |
How will the amalgamation of four wholly owned subsidiaries into ITI impact the company's standalone profitability and operational efficiency in FY27?
What triggered the Board's decision to withdraw the demerger of the Non-lending Business Undertaking into DASL, and could this business unit be restructured or divested through an alternative route?
Given the sharp decline in consolidated total assets from ₹1,54,233 lakhs to ₹99,809 lakhs, primarily driven by a reduction in current assets, what is the company's strategy for redeploying capital and restoring revenue growth?
15
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
