ITL Industries Limited Announces Internal Auditor Resignation Effective March 5, 2026

1 min read     Updated on 26 Feb 2026, 02:33 PM
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Suketu GScanX News Team
Overview

ITL Industries Limited has disclosed the resignation of Internal Auditor Mrs. Pratibha Kothari, effective March 5, 2026, citing personal commitments. The Chartered Accountant submitted her resignation on February 26, 2026, with the company fulfilling all regulatory disclosure requirements under SEBI regulations. The announcement was formally communicated to BSE Limited in compliance with listing obligations.

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*this image is generated using AI for illustrative purposes only.

ITL Industries Limited has announced the resignation of its Internal Auditor, Mrs. Pratibha Kothari, in compliance with regulatory disclosure requirements. The company submitted the formal notification to BSE Limited on February 26, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mrs. Pratibha Kothari, a Chartered Accountant holding ICAI membership number 078425, tendered her resignation as Internal Auditor through a letter dated February 26, 2026. The resignation will become effective from the close of business hours on March 5, 2026.

Parameter Details
Reason for Change Resignation due to personal commitments
Cessation Date March 5, 2026
Position Internal Auditor
Professional Qualification Chartered Accountant (ICAI M.N. 078425)

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company provided all required details as specified in sub-para 7 of Para A of Part A of Schedule III of the LODR Regulations.

Corporate Communication

The formal communication was signed by Manoj Maheshwari, Company Secretary of ITL Industries Limited, and submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company trades on BSE under the code 522183 and maintains its regulatory filings through the online portal at listing.bseindia.com.

Mrs. Kothari's departure represents a routine corporate governance matter, with the company citing personal commitments as the reason for the resignation. ITL Industries Limited has ensured full transparency by providing comprehensive disclosure details to the stock exchange and maintaining compliance with all applicable SEBI regulations.

Historical Stock Returns for ITL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.61%-4.55%+5.58%-20.78%-29.44%+134.34%

ITL Industries Reports Strong Q3FY26 Results with 17% Revenue Growth

2 min read     Updated on 09 Feb 2026, 05:42 PM
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Reviewed by
Shriram SScanX News Team
Overview

ITL Industries announced robust Q3FY26 financial results with standalone revenue growing 17.07% to ₹5108.49 lacs and net profit rising 17.17% to ₹272.14 lacs. The company's machine manufacturing segment contributed ₹3702.26 lacs in revenue while trading activities generated ₹1759.16 lacs, both showing double-digit growth rates.

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ITL Industries Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing robust growth across key financial metrics. The Indore-based company, which operates in machine manufacturing and trading activities, delivered strong operational performance during the quarter.

Financial Performance Overview

The company's standalone financial results demonstrate consistent growth momentum across multiple parameters:

Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹5108.49 lacs ₹4363.30 lacs +17.07%
Net Profit: ₹272.14 lacs ₹232.28 lacs +17.17%
Profit Before Tax: ₹371.59 lacs ₹311.99 lacs +19.10%
Basic EPS: ₹8.49 ₹7.25 +17.10%

Nine-Month Performance

For the nine-month period ended December 31, 2025, ITL Industries maintained its growth trajectory with revenue reaching ₹14110.62 lacs compared to ₹12818.19 lacs in the corresponding period last year, representing a 10.08% increase. Net profit for the nine-month period stood at ₹753.98 lacs, up 14.73% from ₹657.20 lacs in the previous year.

Segment-wise Analysis

The company's business is divided into two primary segments, both contributing to the overall growth:

Segment: Q3FY26 Revenue Q3FY25 Revenue Growth (%)
Machine Manufacturing: ₹3702.26 lacs ₹3229.67 lacs +14.63%
Trading Activities: ₹1759.16 lacs ₹1590.66 lacs +10.59%

The Machine Manufacturing segment generated segment profit before tax and interest of ₹303.13 lacs in Q3FY26, while Trading Activities contributed ₹123.66 lacs to segment profits.

Consolidated Results

On a consolidated basis, the company reported revenue of ₹5108.49 lacs for Q3FY26 and consolidated net profit of ₹271.27 lacs. The consolidated results include the performance of subsidiary MM Metals Private Limited, which contributed ₹46.27 lacs in revenue for the quarter.

Board Approval and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 9, 2026. The board meeting commenced at 3:00 P.M. and concluded at 4:45 P.M. at the company's registered office. The statutory auditors, Mahendra Badjatya & Co., conducted a limited review of the unaudited results. The company has maintained compliance with Indian Accounting Standards (Ind AS) and SEBI listing regulations throughout the reporting period. The results have been filed with BSE Limited under regulation 33 and will be made available on the company's website www.itl.co.in in XBRL format within the stipulated timeframe.

Historical Stock Returns for ITL Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.61%-4.55%+5.58%-20.78%-29.44%+134.34%

More News on ITL Industries

1 Year Returns:-29.44%