Industrial Investment Trust
129.48
+3.48(+2.76%)
Market Cap₹282.62 Cr
PE Ratio39.20
Company Performance:
1D+2.76%
1M-12.00%
6M-25.02%
1Y-61.60%
5Y+122.28%
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More news about Industrial Investment Trust
06Aug 25
Industrial Investment Trust Reports Strong Q1 Performance with Key Leadership Changes
Industrial Investment Trust Limited (IITL) announced Q1 results with standalone profit after tax rising to ₹1,014.87 crore from ₹635.83 crore year-over-year. Consolidated profit after tax increased to ₹1,032.89 crore. The company's CFO, Mr. Sagar Jaiswal, has resigned effective August 31, 2025. CS Payal Vyas has been appointed as Secretarial Auditor for a five-year term. IITL's subsidiary, IITL Projects Limited, faces financial challenges and is no longer considered a 'Going Concern'.
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20Mar 25
NCLT Greenlights Amalgamation of IITL Subsidiaries: A Strategic Move Towards Consolidation
The National Company Law Tribunal (NCLT) has approved the amalgamation of two wholly-owned subsidiaries of Industrial Investment Trust Limited (IITL): IIT Investrust Limited and IITL Management and Consultancy Private Limited. The merger, effective from April 1, 2024, aims to streamline operations, enhance efficiency, and optimize resources within the IITL group. The consolidation is expected to result in operational synergies, simplified management, and improved financial flexibility. No new equity shares will be issued as IITL already holds the entire share capital of the transferor companies.
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1 Year Returns:-61.60%
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