Iykot Hitech Toolroom Resolves Lessor Dispute, Resumes Normal Operations

1 min read     Updated on 28 Nov 2025, 04:38 PM
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Radhika SScanX News Team
Overview

Iykot Hitech Toolroom Limited has resolved a contractual dispute with its lessor and regained full access to its leased factory premises. The company has resumed normal operations following an amicable settlement. This resolution comes after the lessor had previously locked the facility, temporarily affecting the company's operations. Iykot Hitech Toolroom disclosed this information in compliance with SEBI regulations.

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

Iykot Hitech Toolroom Limited has successfully resolved its contractual dispute with its lessor and resumed normal operations. The company disclosed this information in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Developments

  • The lessor of Iykot Hitech Toolroom's factory premises had locked the facility, restricting access and temporarily affecting operations.
  • The company actively engaged in discussions with the lessor to resolve the matter promptly.
  • Iykot Hitech Toolroom regained full access to its leased factory premises following an amicable settlement of the issue.
  • The company has now resumed normal operations at the facility.

Resolution Impact

The swift resolution of the dispute has allowed Iykot Hitech Toolroom to minimize the operational disruption. The company's proactive approach in addressing the issue and reaching an amicable settlement demonstrates its commitment to maintaining business continuity.

Financial Context

To provide context on the company's financial position, here's a snapshot of Iykot Hitech Toolroom's key balance sheet items as of March:

Balance Sheet Item Value (in ₹ crore) YoY Change
Total Assets 2.90 -23.68%
Current Assets 1.70 -29.17%
Fixed Assets 0.90 -18.18%
Total Equity 2.60 +116.67%
Current Liabilities 0.10 -95.83%

The company's balance sheet shows a significant reduction in current liabilities and an increase in total equity compared to the previous year. However, there's also a notable decrease in total assets and current assets, which could potentially impact the company's ability to manage operational challenges.

Investors and stakeholders are advised to monitor the company's performance and any further announcements regarding its operations and financial performance.

Historical Stock Returns for Iykot Hitech Toolroom

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+26.36%+18.57%+18.84%-12.92%+148.35%
Iykot Hitech Toolroom
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Iykot Hitech Toolroom Reports Reduced Net Loss in Q2 FY2026 Amid Revenue Decline

1 min read     Updated on 07 Nov 2025, 11:18 PM
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Reviewed by
Ashish TScanX News Team
Overview

Iykot Hitech Toolroom Limited's Q2 FY2026 results show a significant revenue decline of 79.27% to ₹68.43 lakhs from ₹330.04 lakhs in Q2 FY2025. However, the company narrowed its net loss by 53.95% to ₹35.38 lakhs. The six-month cumulative net loss improved to ₹76.25 lakhs. The company's EPS for the quarter was -₹0.31. The Board approved these results on November 7, 2025. Iykot Hitech Toolroom, with a paid-up equity share capital of ₹4,81,65,000 and net worth of ₹1,93,00,718, is exempt from certain SEBI regulations due to its size.

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Iykot Hitech Toolroom Limited has announced its standalone unaudited financial results for the quarter ended September 30, 2025, revealing a mixed performance with a narrowed net loss but significantly reduced revenue.

Financial Highlights

Metric Q2 FY2026 Q2 FY2025 YoY Change
Total Income ₹68.43 ₹330.04 -79.27%
Net Loss ₹35.38 ₹76.83 -53.95%
EPS -₹0.31 - -

Key Points

  • The company's total income from operations decreased substantially to ₹68.43 lakhs in Q2 FY2026, down from ₹330.04 lakhs in the same quarter of the previous year, marking a 79.27% decline.
  • Despite the revenue contraction, Iykot Hitech Toolroom managed to narrow its net loss to ₹35.38 lakhs, compared to a loss of ₹76.83 lakhs in Q2 FY2025, showing a 53.95% improvement.
  • For the six-month period, the company reported a cumulative net loss of ₹76.25 lakhs, an improvement from the ₹104.83 lakhs loss in the corresponding period last year.
  • The earnings per share (EPS) for the quarter stood at negative ₹0.31.

Corporate Governance and Compliance

The company's Board of Directors approved these results at their meeting held on November 7, 2025. Iykot Hitech Toolroom operates in a single business segment and has prepared its financial statements in accordance with Indian Accounting Standards.

Additionally, the company has confirmed:

  • Non-applicability of Regulation 23(9) of SEBI (LODR) Regulation, 2015, due to its paid-up equity share capital and net worth being below the specified thresholds.
  • No deviation or variation in the utilization of proceeds raised through the Rights Issue completed on May 10, 2024.

Company Profile

Iykot Hitech Toolroom Limited, with a paid-up equity share capital of ₹4,81,65,000 and a net worth of ₹1,93,00,718 as of March 31, 2025, falls under the small-cap category. The company's financial position exempts it from certain corporate governance provisions applicable to larger listed entities.

While the company has shown improvement in reducing its net loss, the significant decline in revenue may pose challenges for future growth and profitability. Investors and stakeholders will likely be watching closely to see how Iykot Hitech Toolroom navigates these financial headwinds in the coming quarters.

Historical Stock Returns for Iykot Hitech Toolroom

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+26.36%+18.57%+18.84%-12.92%+148.35%
Iykot Hitech Toolroom
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