Kartik Investments Trust Limited has delivered exceptional financial performance for the third quarter of fiscal year 2026, reporting a remarkable turnaround with net profit of Rs 508.76 lakhs compared to a net loss of Rs 1.25 lakhs in the corresponding quarter of the previous year. The Board of Directors approved these unaudited financial results for the quarter and nine months ended December 31, 2025, during their meeting held on February 5, 2026.

Financial Performance Highlights

The company's financial transformation is evident across key metrics, with total income experiencing substantial growth during the quarter.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, Kartik Investments Trust Limited maintained its strong performance trajectory. The company reported total income of Rs 597.48 lakhs compared to Rs 5.03 lakhs in the corresponding nine-month period of the previous year. Net profit for the nine-month period reached Rs 508.77 lakhs, a significant improvement from the net loss of Rs 1.50 lakhs recorded in the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) reflected the strong financial performance, with both basic and diluted EPS reaching Rs 208.51 for Q3FY26 compared to Rs (0.51) in Q3FY25. The paid-up equity share capital remained stable at Rs 24.40 lakhs with shares having a face value of Rs 10 each. Reserves increased substantially to Rs 817.42 lakhs for the nine-month period compared to Rs 396.55 lakhs in the previous year.

Strategic Business Development

The company completed a significant transaction during the period, with the Board of Directors approving the sale of 2,01,600 equity shares of Parry Enterprises India Limited held by Kartik Investments Trust Limited to Ambadi Investments Limited on September 22, 2025. The transaction was executed through a Share Purchase Agreement on October 8, 2025, following valuation by an approved valuer.

Regulatory Compliance and Operations

Kartik Investments Trust Limited continues to focus on its investment business operations, which represents its single primary reporting segment. The financial results have been prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013, and comply with Regulation 33 of the SEBI Listing Regulations. The company's statutory auditors, R Sundararajan & Associates, provided a Limited Review Report confirming the financial results' compliance with applicable accounting standards.

Kartik Investments Trust Limited announced that it has received a formal request from Algavista Greentech Private Limited (AGPL) seeking reclassification from the promoter group category to public category under SEBI listing regulations. The development follows a significant ownership change that has altered AGPL's relationship with the company's promoter structure.

Background of the Reclassification Request

The reclassification request stems from E.I.D.-Parry (India) Limited's complete divestment of its stake in AGPL. E.I.D.-Parry, one of the promoters of Kartik Investments, previously held a 50% stake in AGPL, which qualified the latter as part of the promoter group. The entire stake has now been sold to Synthite Industries Private Limited, E.I.D.-Parry's joint venture partner.

Current Shareholding Position

As of the date of the request letter, AGPL holds no equity shares in Kartik Investments Trust Limited. The company's current shareholding status demonstrates its disconnection from any direct financial interest in Kartik Investments.

Regulatory Compliance and Confirmations

AGPL has provided comprehensive confirmations as required under Regulation 31A(3)(b) of the SEBI Listing Regulations. The company has confirmed that neither it nor any related persons:

• Hold more than 10% of total voting rights in Kartik Investments
• Exercise control over company affairs directly or indirectly
• Possess special rights through formal or informal arrangements
• Have representation on the board of directors
• Act as key managerial personnel
• Are classified as willful defaulters or fugitive economic offenders

AGPL has also confirmed that it does not act in concert with Kartik Investments' promoter group and is not privy to any price-sensitive information relating to the company.

Next Steps and Board Approval

Kartik Investments Trust will place the reclassification request before its board of directors at the next meeting, as mandated under Regulation 31A(3) of the SEBI Listing Regulations. Following board approval, the company will seek requisite approval from BSE Limited to formalize the reclassification.

The reclassification aligns with SEBI's definition of promoter groups under the Issue of Capital and Disclosure Requirements Regulations, 2018, as AGPL no longer meets the criteria specified in regulation 2(pp) following the ownership change.