IITL Projects Ltd
IITL Projects Ltd Expands Business Lines & Reports FY2026 Results 📊
- Proposal to enter new business lines: brokerage services, construction consultancy, and project management services.
- Standalone Net Profit: ₹19.47 lakhs (Q4 2026) and ₹125.23 lakhs (FY2026).
- EPS: ₹0.39 (quarter) and ₹2.51 (year).
- Accumulated losses of ₹523.76 lakhs exceed paid-up capital, eroding net worth.
- Total liabilities exceed total assets; company ceases to be a 'Going Concern' due to no operational revenue and cash flows.
- Redemption period extended for 70,00,000 Non-Convertible Redeemable Preference Shares to March 31, 2028.
- Independent auditors issued an unmodified audit opinion on financial results.