Hit Kit Global Solutions Limited announced its unaudited financial results for the third quarter ended 31st December 2025, approved by the Board of Directors at their meeting held on 13th February 2026.

Financial Performance Overview

The company reported mixed financial performance for the quarter, with revenue growth but declining profitability compared to the previous year.

Nine-Month Performance Analysis

For the nine-month period ended 31st December 2025, the company's performance showed significant variations compared to the previous year.

Expense Structure and Profitability

The company's expense structure for Q3FY26 included purchase of stock-in-trade at ₹18.05 lakhs, employee benefit expenses of ₹2.05 lakhs, and other expenses totaling ₹4.78 lakhs. Finance costs remained minimal at ₹0.15 lakhs. Current tax expenses for the quarter stood at ₹0.36 lakhs.

Business Segments Performance

Hit Kit Global Solutions operates through two primary business segments:

The retail of agro produce segment showed strong growth, while the resort & property development segment reported no revenue during the current quarter.

Capital Structure and Share Information

The company's paid-up equity share capital increased to ₹1,078.00 lakhs as of 31st December 2025, compared to ₹928.00 lakhs in the corresponding period of the previous year. Each equity share carries a face value of ₹2. The diluted earnings per share matched the basic earnings per share at ₹0.0019 for Q3FY26.

Regulatory Compliance

The unaudited financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's statutory auditors, Ishwarlal & Co., Chartered Accountants. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Hit Kit Global Solutions Limited has successfully completed the allotment of 50,00,000 equity shares through the conversion of convertible warrants. This third tranche of warrant conversions under the preferential allotment framework has increased the company's paid-up capital to ₹10.78 crore, with a total of 5.39 crore shares now outstanding.

Warrant Conversion Details

The allotment was executed pursuant to the special resolution passed by shareholders on May 24, and the in-principle approval received from BSE Limited dated June 3. The conversion follows the regulatory framework under SEBI (ICDR) Regulations, 2018, where warrant holders initially paid 25.00% of the allotment price at subscription and have now paid the remaining 75.00% to exercise their conversion rights.

Shareholding Impact

Glimmer Enterprise Private Limited emerged as the primary beneficiary of this warrant conversion, significantly increasing their stake in the company. The allotment has resulted in a substantial change in their shareholding pattern, with their ownership increasing by 8.72 percentage points.

Enhanced Capital Structure

Following this allotment, the company's paid-up equity share capital has increased from ₹9.78 crore to ₹10.78 crore, divided into 5,39,00,000 equity shares of ₹2.00 face value each. The newly issued equity shares rank pari-passu with existing equity shares, providing equal rights and privileges to all shareholders.

Regulatory Compliance and Disclosure

The warrant conversion process adheres to SEBI regulations, with warrant holders having an 18-month exercise period from the original allotment date of June 17. Any unexercised warrants beyond this timeframe will lapse, and the amounts paid by warrant holders will be forfeited by the company. Glimmer Enterprise Private Limited, through its Director Lalitkumar M. Brahman, has filed the mandatory disclosure under Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming the acquisition details to BSE Limited.