INTEGRATED FILING — NBFC



General information about company

Scrip code 511208
NSE Symbol IVC
MSEI Symbol NOTLISTED
ISIN INE050B01023
Name of company IL&FS Investment Managers Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Management Fees
Start date and time of board meeting 13-11-2025   11:45:00
End date and time of board meeting 13-11-2025   17:15:00
Whether cash flow statement is applicable on company No
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-06-2025 30-06-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 0.00 0.00
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes 0.00 0.00
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 579.74 579.74
(ix) Other revenue from operations
Total other revenue from operations
Total Revenue From Operations 579.74 579.74
Other income 309.29 309.29
Total income 889.03 889.03
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 201.40 201.40
Finance costs 0.00 0.00
Depreciation, depletion and amortisation expense 5.25 5.25
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 0.00 0.00
(f) Other expenses
1 Rent expense 43.96 43.96
2 Legal and Professional expense 335.08 335.08
3 Other Expenses 118.72 118.72
4 Expected Credit loss arising on Receivables 141.31 141.31
Total other expenses 639.07 639.07
Total expenses 845.72 845.72
3 Total profit before exceptional items and tax 43.31 43.31
4 Exceptional items 0.00 0.00
5 Total profit before tax 43.31 43.31
7 Tax expense
8 Current tax 55.07 55.07
9 Deferred tax (34.77) (34.77)
10 Total tax expenses 20.30 20.30
11 Net Profit Loss for the period from continuing operations 23.01 23.01
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method (0.27) (0.27)
15 Total profit (loss) for period 22.74 22.74
16 Other comprehensive income net of taxes 3.68 3.68
17 Total Comprehensive Income for the period 26.42 26.42
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 88.13 88.13
Total profit or loss, attributable to non-controlling interests (65.39) (65.39)
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 91.74 91.74
Total comprehensive income for the period attributable to owners of parent non-controlling interests (65.32) (65.32)
20 Details of equity share capital
Paid-up equity share capital 6,280.85 6,280.85
Face value of equity share capital 2 2
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 0.03 0.03
Diluted earnings per share from continuing operations 0.03 0.03
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 0.03 0.03
Diluted earnings per share 0.03 0.03
23 Debt equity ratio 0.00 0.00
24 Debt service coverage ratio 0.00 0.00
25 Interest service coverage ratio 0.00 0.00
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio Not Applicable
24 Debt service coverage ratio Not Applicable
25 Interest service coverage ratio Not Applicable


Text Block

Textual Information(1) NOTES : (1) The aforesaid consolidated financial results of IL&FS Investment Managers Limited (the “Holding Company” or “the Company”), its subsidiaries (the Holding Company and its subsidiaries together constitute the “Group”) and jointly controlled entities for the quarter ended June 30, 2025 along-with comparative quarter have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company at its meeting held on November 13, 2025 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The consolidated financial results for the quarter ended June 30, 2025 have been reviewed by the Statutory Auditors of the Company (2) The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 – Interim Financial Reporting, notified under Section 133 of the Companies Act 2013 read with Companies (Indian Accounting Standards) Rules 2015, as amended from time to time and other accounting principles generally accepted in India (3) Figures for the quarter ended March 31, 2025 are balancing figures between the audited figures in respect of the full financial year ended March 31, 2025 and the unaudited published year to date figures upto third quarter ended December 31, 2024 which were subjected to a limited review by the Statutory Auditors of the Company (4) As per requirements of Indian Accounting Standard (Ind AS) 108 on ‘Operating Segments’, based on evaluation of financial information for allocation of resources and assessing performance, the Group has identified a single segment i.e. providing asset management services and other related services. As such, there are no separate reportable business or geographical segments as per Ind AS 108 (5) The Ministry of Corporate Affairs (MCA), Government of India, has vide its letter dated October 1, 2018 initiated investigation by Serious Fraud Investigation Office (SFIO) against Infrastructure Leasing & Financial Services Limited (IL&FS), the IL&FS or Ultimate Holding Company and its subsidiaries (including the Company) under Section 212(1) of the Companies Act, 2013. On December 3, 2018, MCA on the directions of the National Company Law Tribunal, Mumbai (NCLT) has impleaded various Group Companies of IL&FS (which includes the Company) as Respondents to the Petition filed by them on October 1, 2018. The Company has received the “Summary of Charges” sent by the Ministry of Corporate Affairs through IL&FS, based on which the Ultimate Holding Company has submitted the necessary response (6) The terms of most of the existing funds managed or advised by the Holding Company and few of its subsidiaries are approaching the end of their extended terms in the near future. As a result, the Group did not generate significant fee income during the quarter ended June 30, 2025, apart from project revenue from one subsidiary, which was relatively low Management expects that the future income from the remaining funds under management and Project revenues, along with the liquid assets held by the Group as of June 30, 2025, will be adequate to meet the Group's current and future obligations over the next 12 months. Based on this expectation, management believes that the use of the going concern assumption in preparing the Group's consolidated financial results remains appropriate The IL&FS Board has been working on a resolution plan, with a view to enable value preservation for stakeholders of IL&FS Group. The resolution plan, inter alia, involves sale of assets/businesses/companies owned by IL&FS. In this regard, the IL&FS Board has on December 21, 2023 invited a public Expression of Interest (EoI) for sale of its entire stake in the Company. In response to the EOI, few prospective bidders have shown interest and the process is underway (7) The summarised unaudited standalone financial results of the Holding Company are as below. The detailed standalone financial results of the Holding Company are available on the Holding Company’s website www.iimlindia.com (8) The Company has 6 Subsidiaries and 1 Jointly Controlled Entities as at June 30, 2025. (9) The financial results of its Joint Venture IL&FS Milestone Realty Advisors Private Limited has been prepared on the basis that it does not continue as a going concern (10) The Management is currently in the process of reviewing and assessing the recoverability of unbilled revenue pertaining to one of the Company’s subsidiaries. This review is being undertaken in consultation with the subsidiary’s management based on ongoing communications with the concerned parties. Appropriate actions, including recognition of any provision or write-off, if required, will be undertaken by the Management upon completion of this assessment at the earliest (11) Previous year numbers are regrouped wherever considered necessary




Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-06-2025 30-06-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025 01-04-2025
B Date of end of reporting period 30-06-2025 30-06-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Acturial Gain/(loss) of the defined benefit plans 739000 739000
Total Amount of items that will not be reclassified to profit and loss 739000 739000
2 Income tax relating to items that will not be reclassified to profit or loss 0.60 0.60
3 Amount of items that will be reclassified to profit and loss
1 Gain/(Loss) on Foreign currency translation reserve (net) -374000 -374000
Total Amount of items that will be reclassified to profit and loss -374000 -374000
4 Income tax relating to items that will be reclassified to profit or loss (0.63) (0.63)
5 Total Other comprehensive income 3.68 3.68