NTC Industries Limited , a prominent player in the FMCG-Cigarettes sector, has announced a robust financial performance for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the board of directors, reveal significant growth in both revenue and profitability.

Key Financial Highlights

Performance Analysis

NTC Industries has demonstrated a remarkable year-over-year growth in its net profit, which increased by 30.35% from ₹421.00 lakhs in Q2 2024 to ₹548.77 lakhs in Q2 2025. This substantial improvement in profitability is attributed to enhanced performance across two key segments:

1. FMCG-Cigarettes
2. Rental Income

The company's total revenue for the quarter stood at ₹2,684.41 lakhs, reflecting a strong market presence and operational efficiency.

Investment Commitment

In addition to its operational performance, NTC Industries continues to demonstrate its commitment to growth and expansion. The company reported ongoing investments in optionally convertible debentures worth ₹1 crore during the period, signaling confidence in future opportunities and strategic financial management.

Corporate Governance

As per the LODR (Listing Obligations and Disclosure Requirements) data, NTC Industries Limited held a board meeting on November 14, 2025, to approve these unaudited financial results. The meeting, which commenced at 3:00 p.m. and concluded at 3:30 p.m., adhered to regulatory requirements, including Regulation 30 and 33 of SEBI's Listing Regulations.

The approved results include both standalone and consolidated financials for the quarter and half-year ended September 30, 2025. These results were accompanied by a Limited Review Report issued by the company's statutory auditors, ensuring transparency and compliance with financial reporting standards.

NTC Industries Limited continues to maintain its ISO 9001-2015 certification, underlining its commitment to quality management systems.

As the company navigates through a competitive market landscape, its ability to drive growth in core segments while maintaining a focus on strategic investments positions it well for sustained performance in the coming quarters.

NTC Industries Ltd. (BSE: 526723, CSE: 28044) has announced the withdrawal of its proposal to acquire a 51% stake in Solitude Flame Private Limited, marking a significant shift in its strategic plans. The decision comes after failing to secure the required shareholder approval at the company's Extra-Ordinary General Meeting (EGM) held on March 13, 2025.

Key Developments

• Proposal Withdrawal: NTC Industries has officially withdrawn its proposal to acquire a 51% equity stake in Solitude Flame Private Limited.
• Share Swap Agreement Terminated: The company has also terminated the share swap agreement previously established with Solitude Flame on February 15, 2025.
• Shareholder Rejection: The resolution for issuing equity shares on a preferential allotment basis through a share swap method failed to receive the necessary votes at the EGM.

Impact and Implications

• No Material Impact: NTC Industries stated that the termination of this proposal does not have any material adverse financial or operational impact on the company.
• No Financial Commitments: The company clarified that no definitive agreements were executed, and no financial commitments were undertaken pursuant to the proposed transaction.

EGM Voting Results

The EGM, conducted through video conferencing, saw mixed results for various resolutions:

Management Commentary

Anushree Chowdhury, Company Secretary & Compliance Officer of NTC Industries, stated in the regulatory filing, "The termination of this proposal will also lead to termination of Company's Share Swap Agreement entered into with the SOL on 15th February, 2025."

Looking Ahead

While the failed acquisition marks a setback in NTC Industries' expansion plans, the company's management has assured stakeholders that this development will not significantly impact its current operations or financial standing. Investors and market watchers will be keen to see how NTC Industries realigns its growth strategy in the wake of this development.

NTC Industries continues to trade on the Bombay Stock Exchange (BSE) and the Calcutta Stock Exchange (CSE), with the market likely to react to this latest corporate development in the coming trading sessions.