Amit International Limited Reports Q2 FY2026 Results: Other Income Drives Profit Amid No Operational Revenue

Amit International has released its unaudited financial results for the quarter and half-year ended September 30, 2025. The company, which currently reports no revenue from operations, saw its profit driven by other income sources.

Financial Highlights

Other Income: For Q2 FY2026, the company reported other income of Rs 6.85 crore, compared to Rs 8.91 crore in the previous quarter. For the half-year, other income stood at Rs 15.77 crore.
Expenses: Total expenses for Q2 FY2026 were Rs 5.33 crore, including employee benefit expenses of Rs 2.96 crore and other expenses of Rs 2.38 crore.
Profit: The company reported a profit before tax of Rs 1.52 crore for Q2 FY2026 and Rs 5.68 crore for the half-year ended September 30, 2025.

Balance Sheet Overview

As of September 30, 2025, Amit International's financial position showed:

Particulars	As of Sept 30, 2025	As of March 31, 2025
Total Assets	2,002.94	2,003.55
Cash and Cash Equivalents	33.25	26.67
Total Equity	1,979.50	1,973.82
Equity Share Capital	1,894.77	1,894.77

Key Observations

No Operational Revenue: The company continues to operate without generating revenue from its core operations, relying solely on other income.
Improved Cash Position: Cash and cash equivalents increased from Rs 26.67 crore at the end of the previous fiscal year to Rs 33.25 crore.
Stable Asset Base: Total assets remained relatively stable at Rs 2,002.94 crore, compared to Rs 2,003.55 crore at the end of the previous fiscal year.
Earnings Per Share: The basic and diluted earnings per share for the quarter stood at Rs 0.008, compared to Rs 0.022 in the previous quarter.

The Board of Directors approved these results at their meeting held on November 12, 2025. The company's auditors, Vinod S Mehta & Co., conducted a limited review of the financial results and found no material misstatements.

Investors and stakeholders should note that while the company is maintaining profitability through other income, the lack of operational revenue may raise questions about its core business activities and long-term sustainability. The company's future strategies to generate operational revenue and utilize its significant equity base will be crucial factors to watch in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	+1.20%	+5.00%	-4.76%	+6.33%	+61.54%

Amit International has announced the appointment of Ms. Harshita Stanley Nagaonkar as an Additional Independent Director, effective September 25, 2025. The appointment is subject to shareholder approval at the next General Meeting.

Appointment Details

Ms. Nagaonkar, identified by her Director Identification Number (DIN) 11282122, brings over 5 years of experience in the trading industry to her new role. Her expertise spans various crucial areas, including:

Commercial operations
Market development
Business strategies
Supply chain management
Procurement
Distribution networks

Board's Decision and Compliance

The Board of Directors of Amit International proposed this appointment in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has duly informed the BSE Limited of this development.

Terms of Appointment

Ms. Nagaonkar's appointment comes with the following terms:

Position: Additional Independent Director
Date of Appointment: September 25, 2025
Tenure: Liable to retire by rotation
Approval: Subject to shareholder approval at the next General Meeting

Independence and Relationships

In line with corporate governance best practices, Amit International has confirmed that Ms. Nagaonkar is not related to any existing Directors of the company. This independence is crucial for maintaining objectivity and ensuring the best interests of all stakeholders.