| 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 | 29-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 18-05-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | Management Fees |
| Start date and time of board meeting | 29-05-2026 12:30:00 |
| End date and time of board meeting | 29-05-2026 14:30:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 31-03-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://www.iimlindia.com/pdfs/Policies/policyondealingwithrelatedpartytransactions.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | No |
| No. of times funds raised during the quarter | |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| The Company does not have Loans and Debt Securities | |
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 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 | 0.00 | 0.00 |
| (ix) | Other revenue from operations | ||
| Total other revenue from operations | |||
| Total Revenue From Operations | 0.00 | 0.00 | |
| Other income | 2,345.51 | 5,528.76 | |
| Total income | 2,345.51 | 5,528.76 | |
| 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 | 73.84 | 381.95 | |
| Finance costs | 0.00 | 0.00 | |
| Depreciation, depletion and amortisation expense | 0.11 | 1.12 | |
| 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 | 27.02 | 108.07 |
| 2 | Legal and Professional expense | 30.57 | 139.02 |
| 3 | Net (gain)/loss on sale of non-current Investment | 0.00 | 0.00 |
| 4 | Other Expenses | 22.44 | 107.30 |
| Total other expenses | 80.03 | 354.39 | |
| Total expenses | 153.98 | 737.46 | |
| 3 | Total profit before exceptional items and tax | 2,191.53 | 4,791.30 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 2,191.53 | 4,791.30 |
| 7 | Tax expense | ||
| 8 | Current tax | 0.00 | 0.00 |
| 9 | Deferred tax | 0.00 | 0.00 |
| 10 | Total tax expenses | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 2,191.53 | 4,791.30 |
| 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 | 0.00 | 0.00 |
| 15 | Total profit (loss) for period | 2,191.53 | 4,791.30 |
| 16 | Other comprehensive income net of taxes | (38.48) | 20.51 |
| 17 | Total Comprehensive Income for the period | 2,153.05 | 4,811.81 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 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 | 5,136.65 | |
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 0.7 | 1.53 | |
| Diluted earnings per share from continuing operations | 0.7 | 1.53 | |
| 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 | 0.7 | 1.53 | |
| Diluted earnings per share | 0.7 | 1.53 | |
| 23 | Debt equity ratio | 0.0 | 0.0 |
| 24 | Debt service coverage ratio | 0.0 | 0.0 |
| 25 | Interest service coverage ratio | 0.0 | 0.0 |
| 26 | Disclosure of notes on financial results | Textual Information(1) | |
| 23 | Debt equity ratio | The Company does not have Debt |
|---|---|---|
| 24 | Debt service coverage ratio | The Company does not have Debt |
| 25 | Interest service coverage ratio | The Company does not have Debt |
| Textual Information(1) | NOTES : (1) The financial results have been prepared in accordance with the Indian Accounting Standards (referred to as “Ind AS”) as per the Companies (Indian Accounting Standards) Rules 2015 notified under Section 133 of the Companies Act, 2013 (CA 2013) and other relevant provisions of the CA 2013 as amended from time to time (2) The above standalone financial results for the quarter and year ended March 31, 2026 along-with comparative quarter and year have been reviewed by the Audit Committee at its meeting held on May 29, 2026 and subsequently approved by the Board of Directors of the Company at its meeting held on May 29, 2026 in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The standalone financial results have been audited by the Statutory Auditors of the Company (3) In Standalone Financial results, the Other income includes Net gains/(losses) on fair value changes on Investments measured at FVTPL, Realised gain /(loss) on Sale of Investments and Others (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 Company 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 extended term of existing Funds which were managed/advised by the Company have ended during the year which has resulted in no fee income of the Company. Management expects that its liquid assets held by the Company as at March 31, 2026 will be adequately sufficient to meet the Company's existing and future obligations arising over the next 12 months. Management believes that use of the going concern assumption for preparation of these financial results is 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. And in this regard, the IL&FS Board had 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 (6) 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 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 Holding Company has submitted the necessary response (7) The Company has 6 Subsidiaries and 1 Jointly Controlled Entity as at March 31, 2026 (8) (8) The Board of Directors, in their meeting held on May 29, 2026, have proposed a final dividend of Rs. 0.70 per equity share amounting to Rs. 2,198.23 Lakhs for FY 2025-26. The proposal is subject to the approval of shareholders at the Annual General Meeting (9) The figures for the three months ended March 31, 2026 & March 31, 2025 are the balancing figures between the audited figures with respect to full financial year and the published unaudited year to date figures upto the third quarter of the financial year which were subjected to limited review (10) On November 21, 2025, the Government of India notified the provisions of the Labour Codes, which consolidate twenty-nine existing labour laws into a unified framework governing employee benefit during and after employment. Among other changes, the Codes introduce a uniform definition of wages and revise certain employee entitlements. The Company has evaluated and disclosed the incremental impact of these changes based on the position presently ascertainable, in line with the guidance issued by the Institute of Chartered Accountants of India. The Company has recognised an incremental expense of Rs. 18.93 Lakh for the year ended March 31, 2026, relating to gratuity obligation, which has been presented as part of employee benefit expenses representing past service cost. The Company continues to monitor the finalisation of Central and State rules, as well as any further clarifications issued by the Government, and will incorporate any additional accounting implications as required in future periods (11) One of the subsidiary of the company namely, IL&FS Investment Advisors LLC and its step down subsidiary namely, Saffron Investment Trust have not provided Audited Financial Statements. Hence, the Consolidated Results of the Group could not be adopted (12) Previous year figures are regrouped/reclassified wherever necessary |
|---|
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 4,791.30 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | 0.00 | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | 0.00 | |
| Adjustments for other financial assets, current | 0.00 | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | (22.21) | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | (5.71) | |
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |
| Adjustments for depreciation and amortisation expense | 1.12 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for provisions, current | 17.92 | |
| Adjustments for provisions, non-current | 0.00 | |
| Adjustments for other financial liabilities, current | 0.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 5,175.27 | |
| Adjustments for interest income | 12.51 | |
| Adjustments for share-based payments | 0.00 | |
| Adjustments for fair value losses (gains) | (242.07) | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (98.92) | |
| Other adjustments to reconcile profit (loss) | 0.00 | |
| Other adjustments for non-cash items | 49.61 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments for reconcile profit (loss) | (5,488.04) | |
| Net cash flows from (used in) operations | (696.74) | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 17.50 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | (714.24) | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 307.98 | |
| Other cash payments to acquire equity or debt instruments of other entities | 2,647.62 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 0.00 | |
| Purchase of property, plant and equipment | 1.31 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 5,175.27 | |
| Interest received | 8.78 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) investing activities | 2,843.10 | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 0.00 | |
| Repayments of borrowings | 0.00 | |
| Payments of lease liabilities | 0.00 | |
| Dividends paid | 2,449.45 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | (2,449.45) | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (320.59) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (320.59) | |
| Cash and cash equivalents cash flow statement at beginning of period | 384.36 | |
| Cash and cash equivalents cash flow statement at end of period | 63.77 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 63.77 | ||
| Bank Balance other than (a) above | 178.99 | ||
| Derivative financial instruments | 0.00 | ||
| Receivables | |||
| (I) Trade Receivables | 0.00 | ||
| (II) Other Receivables | 0.00 | ||
| Loans | 3.56 | ||
| Investments | 10,662.19 | ||
| Other Financial assets | |||
| 1 | Other Financial assets | 2.40 | |
| Total of Other Financial assets | 2.40 | ||
| Total Financial Assets | 10,910.91 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 272.56 | ||
| Deferred tax Assets (Net) | 0.00 | ||
| Investment Property | 0.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 1.13 | ||
| Capital work-in-progress | 0.00 | ||
| Intangible assets under development | 0.00 | ||
| Goodwill | 0.00 | ||
| Other Intangible assets | 0.00 | ||
| Other non-financial assets | |||
| 1 | Other non-financial assets | 519.11 | |
| Total of Other non-financial assets | 519.11 | ||
| Total Non Financial Assets | 792.80 | ||
| Total assets | 11,703.71 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 6,280.85 | ||
| Other equity | 5,136.65 | ||
| Total equity attributable to owners of parent | 11,417.50 | ||
| Non controlling interest | |||
| Total equity | 11,417.50 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | ||
| (b) | Payables | ||
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 15.52 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 9.75 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| (C ) | Debt Securities | 0.00 | |
| (d) | Borrowings (Other than Debt Securities) | 0.00 | |
| (e) | Deposits | 0.00 | |
| (f) | Subordinated Liabilities | 0.00 | |
| Other financial liabilities | |||
| Total of Other financial liabilities | |||
| Total Financial Liabilities | 25.27 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 0.00 | |
| (b) | Provisions | 0.00 | |
| (C ) | Deferred tax liabilities (Net) | 0.00 | |
| Other non-financial liabilities | |||
| 1 | Employee Benefit Obligations | 38.18 | |
| 2 | Other non-financial liabilities | 222.76 | |
| Total of Other non-financial liabilities | 260.94 | ||
| Total Non Financial Liabilities | 260.94 | ||
| Total liabilities | 286.21 | ||
| Total equity and liabilites | 11,703.71 | ||
| Disclosure of notes on assets and liabilities | |||
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| Whether results are audited or unaudited | Audited | Audited | |
| Nature of report standalone or consolidated | Standalone | Standalone | |
| 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 | |||
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Actuarial Gain/(loss) of the defined benefit plans | -3848000 | 2051000 |
| Total Amount of items that will not be reclassified to profit and loss | -3848000 | 2051000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (38.48) | 20.51 |
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Qualified opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | KKC & Associates LLP | Yes | 31-07-2027 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
| 1 | Turnover / Total income | 5,528.76 | 5,528.76 |
| 2 | Total Expenditure | 737.46 | 737.46 |
| 3 | Net Profit/(Loss) | 4,791.30 | 4,791.30 |
| 4 | Earnings Per Share | 1.53 | 1.53 |
| 5 | Total Assets | 11,703.71 | 11,703.71 |
| 6 | Total Liabilities | 286.21 | 286.21 |
| 7 | Net Worth | 11,417.50 | 11,417.50 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Qualified opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| Textual Information(1) | Refer below details of qualification as per Audit Report dated May 29, 2026 Attention is invited to Note 6 of the Statement which describes the situation faced by the Company in view of the ongoing investigation by Serious Fraud Investigation Office of Ministry of Corporate Affairs (SFIO) against Infrastructure Leasing & Financial Services Limited (IL&FS or the Holding Company), and its subsidiaries (including the Company). In view of the aforesaid ongoing investigations of the entire IL&FS Group by the SFIO, including the summary of charges received from Ministry of Corporate Affairs in October 2024 pertaining to the matters of the Company, we are unable to comment on the consequential impact(s) upon conclusion of the said investigation |
|---|---|
| Textual Information(2) | Not Applicable |
| Textual Information(3) | Unable to estimate impact |
| Textual Information(4) | In the absence of any specific findings as on date, the financial impact if any can only be ascertained once the SFIO investigation is completed and the exercise of the restatement of financial statements is completed |
| Textual Information(5) | No Comments |
| Name of CEO / Managing director | Lubna Usman |
|---|---|
| Name of CFO | Lubna Usman |
| Name of audit committee chairman | Munish Kumar Saraogi |
| Name of statutory auditor | Bharat Jain |
| Name of other signatory, if any, with designation | |
| Place | Mumbai |
| Date | 29-05-2026 |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | IL&FS Investment Managers Ltd | IL&FS Private Equity Trust A/c IL&FS Realty Fund | Fellow Subsidiary | Any other transaction | Reimbursement of Expenses | 14.93 | Approved | 14.93 | 29-05-2026 | 14.93 | 0.00 | 0.00 | |||||||||||||
| 2 | IL&FS Investment Managers Ltd | IL&FS Investment Advisors LLC | Subsidiary | Dividend received | 2,301.69 | Approved | 2,301.69 | 29-05-2026 | 2,301.69 | 0.00 | 0.00 | ||||||||||||||
| 3 | IL&FS Investment Managers Ltd | IL&FS Energy Development Company Ltd | Fellow Subsidiary | Any other transaction | Trade receivable | 0.00 | Approved | 0.00 | 29-05-2026 | 0.00 | 0.16 | 0.16 | |||||||||||||
| 4 | IL&FS Investment Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Parent Company | Any other transaction | Rent Payment | 54.06 | Approved | 54.06 | 29-05-2026 | 54.06 | 1.39 | 1.29 | |||||||||||||
| 5 | IL&FS Investment Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Parent Company | Any other transaction | Repairs and Maintenance | 0.07 | Approved | 0.07 | 29-05-2026 | 0.07 | 0.00 | 0.00 | |||||||||||||
| 6 | IL&FS Investment Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Parent Company | Any other transaction | Electricity Expense | 0.73 | Approved | 0.73 | 29-05-2026 | 0.73 | 0.00 | 0.00 | |||||||||||||
| 7 | IL&FS Investment Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Parent Company | Any other transaction | Telephone Expense | 0.14 | Approved | 0.14 | 29-05-2026 | 0.14 | 0.00 | 0.00 | |||||||||||||
| 8 | IL&FS Investment Managers Ltd | ILFS IIDC Fund | Fellow Subsidiary | Any other transaction | Receivable | 0.00 | Approved | 0.00 | 29-05-2026 | 0.00 | 7.56 | 7.56 | |||||||||||||
| 9 | IL&FS Investment Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Parent Company | Dividend paid | 1,570.16 | Approved | 1,570.16 | 29-05-2026 | 1,570.16 | 0.00 | 0.00 | ||||||||||||||
| 10 | IL&FS Investment Managers Ltd | Lubna Usman | Key Management Personnel | Remuneration | 67.60 | Approved | 67.60 | 29-05-2026 | 67.60 | 0.00 | 0.00 | ||||||||||||||
| 11 | IL&FS Investment Managers Ltd | Prasad Chaoji | Key Management Personnel | Any other transaction | Consultancy Fees | 18.40 | Approved | 18.40 | 29-05-2026 | 18.40 | 0.00 | 0.08 | |||||||||||||
| 12 | IL&FS Urban Infrastructure Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Ultimate Parent Company | Any other transaction | Rent Payment | 2.78 | Approved | 2.78 | 29-05-2026 | 2.78 | 0.00 | 0.00 | |||||||||||||
| 13 | IL&FS Urban Infrastructure Managers Ltd | Infrastructure Leasing & Financial Services Ltd | Ultimate Parent Company | Any other transaction | Reimbursement of Expenses | 0.51 | Approved | 0.51 | 29-05-2026 | 0.51 | 0.00 | 0.00 | |||||||||||||
| 14 | IL&FS Urban Infrastructure Managers Ltd | IL&FS Financial Services Limited | Fellow Subsidiary | Any other transaction | Reimbursement of Expenses payment | 2.02 | Approved | 2.02 | 29-05-2026 | 2.02 | 0.00 | 0.00 | |||||||||||||
| 15 | IL&FS Urban Infrastructure Managers Ltd | IL&FS Financial Services Limited | Fellow Subsidiary | Any other transaction | Receivable | 28.08 | Approved | 28.08 | 29-05-2026 | 28.08 | 0.00 | 0.00 | |||||||||||||
| 16 | IL&FS Investment Advisors LLC | IL&FS Investment Managers Ltd | Parent Company | Dividend paid | 23.02 | Approved | 23.02 | 29-05-2026 | 23.02 | 0.00 | 0.00 | ||||||||||||||
| 17 | Andhra Pradesh Urban Infrastructure Asset Management Limited | IL&FS Township Urban Asset Limited | Fellow Subsidiary | Any other transaction | Trade Payable | 0.00 | Approved | 0.00 | 29-05-2026 | 0.00 | 60.48 | 60.48 | |||||||||||||
| 18 | Andhra Pradesh Urban Infrastructure Asset Management Limited | Tamil Nadu Water Investment Company Limited | Fellow Subsidiary | Any other transaction | Trade Payable | 0.00 | Approved | 0.00 | 29-05-2026 | 0.00 | 55.01 | 12.54 | |||||||||||||
| 19 | IL&FS Infrastructure Asset Management Ltd | IL&FS Financial Services Limited | Fellow Subsidiary | Purchase of goods or services | 0.75 | Approved | 0.75 | 29-05-2026 | 0.75 | 0.00 | 0.00 | ||||||||||||||
| 20 | IL&FS Infrastructure Asset Management Ltd | Infrastructure Leasing & Financial Services Ltd | Fellow Subsidiary | Any other transaction | Rent Expense | 10.66 | Approved | 10.66 | 29-05-2026 | 10.66 | 0.00 | 0.00 | |||||||||||||
| Total value of transaction during the reporting period | 4,095.60 | ||||||||||||||||||||||||