BSEResult31 Oct 2026 · 31 Oct 2026, 06:25 pm
Unaudited Financial results (Standalone and Consolidated) for Quarter Ended September 30, 2026
Industrial Investment Trust Ltd · 501295
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Industrial Investment Trust Ltd has announced unaudited financial results for the quarter and half year ended September 30, 2026. The company's board of directors has considered and approved the results, along with a limited review report from the statutory auditors. The report highlights that the company's net worth is fully eroded, and its total liability exceeds its total assets.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk6/10
Balance Sheet Risk9/10
Liquidity Impact4/10
Market Sentiment3/10
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Full Announcement
Industrial Investment Trust Ltd - 501295 - Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Half Year Ended September 30, 2026 - Regulations 30, 33 And Other Applicable Provisions Of The
SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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/i INDUSTRIAL
‘\ INVESTMENT
-4 TRUST
WTLGROUP | LIMITED
October 31, 2026
The Manager The Manager
Listing Department Listing Department
BSE Limited The National Stock Exchange of India Limited
Dalal Street Exchange Plaza, 5% Floor
Mumbai — 400 001 Plot No. C/1, G Block
BKC, Bandra (E), Mumbai 400 051
BSE Code: 501295 NSE Scrip Symbol: IITL
Sub: Outcome of the Board Meeting
Ref: Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year
ended September 30, 2026 - Regulations 30, 33 and other applicable provisions of the
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/ Madam,
This is to inform you that the Board of Directors of Industrial Investment Trust Limited at their
meeting held today i.e. Saturday, October 31, 2026, has inter alia considered and approved the
following:
1. Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year
ended September 30, 2026.
2. Statement of Assets & Liabilities as on September 30, 2026 and Cash Flow Statement for
the half year ended September 30, 2026.
3. Limited Review Reports on the Unaudited Financial Results (Standalone & Consolidated)
issued by the Statutory Auditors, Maharaj N R Suresh and Co LLP, Chartered
Accountants.
4. Borrowing of funds up to an aggregate limit of Rs. 200 Crores (Rupees Two Hundred
Crores Only) from banks, financial institutions, NBFCs and/ or other lenders, with or
without security, for the purpose of carrying out the principal business activities of the
Company, including onward lending, financing and meeting operational/ working capital
requirements, in accordance with the shareholders’ approval obtained by way of a Special
Resolution under Section 180(1)(c) of the Companies Act, 2013, at the Annual General
Meeting held on September 17, 2026.
Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the
following:
(i) Unaudited Financial Results (Standalone & Consolidated) for the quarter and half year ended
September 30, 2026.
CIN No. L66990MH 1933PLCO01998
Regd. Office : Office No. 101A, “The Capital", G-Block, Plot No. C-70, Bandra Kurla Complex,
Bandra (East), Mumbai -400061. « Tel: (+91) 22-4325 0100
Email : iitl@iitlgroup com « Website : wwwiitlgroup.com
- INDUSTRIAL
/‘\ INVESTMENT
-4 TRUST
WTLGROUP | LIMITED
(ii) Statement of Assets & Liabilities as on September 30, 2026 and Cash Flow Statement for the
half year ended September 30, 2026.
(iii) Limited Review Reports on the Unaudited Financial Results (Standalone & Consolidated)
issued by the Statutory Auditors, Maharaj N R Suresh and Co LLP, Chartered Accountants
for the quarter and half year ended September 30, 2026.
The meeting commenced at 3.20 p.m. and concluded at 5.45 p.m.
Kindly acknowledge the receipt.
Yours sincerely,
For Industrial Investment Trust Limited
CUMI ANKUR *
BANERJEE
Cumi Banerjee
CEO (Secretarial, Legal and Admin) & Company Secretary
Encl: A/a
GIN No. L66990MH 1933PLCO01998
Regd. Office : Office No. 101A, “The Capital", G-Block, Plot No. C-70, Bandra Kurla Complex,
Bandra (East), Mumbai -400081. + Tel: (491,
Email : iitl@iitlgroup com « Website : wwwiitlgroup.com
MahaN rR Saurejsh AnCdo- L,LP (A(
Chartered Accountants
9, (OId 5), Il Lane, Il Main Road, Trustpuram, Chennai - 600 024,
LLP Identification No : AAT-9404 —__.
LIMITED REVIEW REPORT ON STANDALONE FINANCIAL RESULTS
The Board of Directors
Industrial Investment Trust Limited
1. We have reviewed the accompanying statement of unaudited
Financial ~ results of Industrial Investments Trust Limited for the
Quarter/Half year ended 30™ September 2026.This statement is the
responsibility of the Company’s Management and has been approved by
the Board of Directors. Our responsibility is to issue a report on these
financial statements based on our review.
2. We conducted our review of the Statement in accordance with the
Standard on Review Engagements (SRE) 2410 “Review of Interim
Financial Information Performed by the Independent Auditor of the
Entity”, issued by the Institute of Chartered Accountants of India. This
standard requires that we plan and perform the review to obtain moderate
assurance as to whether the financial statements are free of material
misstatement. A review is limited primarily to inquiries of company
personnel and analytical procedures applied to financial data and thus
provides less assurance than an audit. We have not performed an audit
and accordingly, we do not express an audit opinion.
Opinion
3. Based on our review conducted and procedure performed as stated in
Paragraph 2 above, nothing has come to our attention that causes us to
believe that the accompanying statement of unaudited financial results
prepared in accordance with applicable accounting standards and other
recognized accounting practices and policies has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015
including the manner in which itis to be disclosed, or that it contains any
material misstatement.
Phone : 044-24801322, 24837583 e-mail : mnrssuresh56@gmail.com, nrjayadevan@gmail.com
4. We draw attention to the following:
i) We draw attention to Note no 5 of the statement,regarding Investment in
its subsidiary IITL Projects Limited ,As on 30.09.2026, the accumulated
Joss of Rs. 780.51 lakhs , exceeds the paid up capital and net worth of
the company stands fully eroded.The total liability of the company
exceeds its total assets.
The company is pursuing services in Real Estate related activities and
earns income thereon, apart from interest on bank deposit.
The present cash flows not being adequate to meet the liabilities, the
company continues to be a not going concern. Consequently, the
financial statements continued to be prepared on a realizable value basis
and all assets have been valued at their realization value where lower
than cost and all known liabilities have been fully provided for.
Our report is not modified in respect of the matter mentioned in
paragraphs 4 above.
Place:Chennai For Maharaj N R Suresh and Co LLP
Date: 31.10.2026 FRN NO:0019315/S000020
NARASIMHA ol signea by
NARASIMHA
RAMAMURT RamAMURTHY SURESH
Date: 20261031
HY SURESH 162435 10530
N R Suresh
Partner
Chartered Accountants
M NO 021661
UDIN NO:26021661UWUISX1890
INDUSTRIAL INVESTMENT TRUST LIMITED
CIN - L65990MH1933PLC001998
Regd. Office : Office Te N l.o . N1 o0 .1 0A 2, 2 “ -T 4h 3e 2 C 5a p 0i 1t 0a 0l’ ,, EG m aB il lo c 1k d, : P il to it @ N io i. tC i- g7 r0 o, u pB .a cn od m ra WK eu br sl ia t eC :o wmp wl we ix t, i B ga rn od ur pa . E ca os mt, Mumbai - 400051
STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED ENDED SEPTEMBER 30, 2026
o (% in Lakhs)
oy Particulars Sept 30, 2026 | JQ uu na er t 3e 0r , E 2n 0d 2e 6d | Sept 30,2025 | Sept 30H ,al 2f 0 2Y 6ea r | E Sen pd te d 3 0, 2025 | Ve Ma ar r E 3n 1d ,e 2d 0 26
1 |Revenue from Operations Un-Audited | Un-Audif Un-Audited Un-Audited | Un-Audited Audited
Interest Income
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