Board Meeting Details

The meeting was held on 10th August, 2026, commencing at 03:30 p.m. and concluding at 03:45 p.m.

Standalone Financial Results (Rs. in Lakhs)

Quarter ended 30-06-2026 (Unaudited):

  • Revenue from operations: Rs. 103
  • Fees and commission income: Rs. 72
  • Net gain on fair value changes: Rs. 31
  • Total Income: Rs. 103
  • Total expenses: Rs. 67
  • Employee benefits expenses: Rs. 27
  • Other expenses: Rs. 40
  • Depreciation: Less than Rs. 0.50 Lakh
  • Profit before tax: Rs. 36
  • Tax expense: Rs. 6
  • Current tax: Rs. 4
  • Deferred tax: Rs. 2
  • Profit for the period: Rs. 30

Comparative Figures:

  • Quarter ended 31-03-2026 (Audited): Profit Rs. 25 lakh
  • Quarter ended 30-06-2025 (Unaudited): Profit Rs. 44 lakh
  • Year ended 31-03-2026 (Audited): Profit Rs. 163 lakh

Consolidated Financial Results (Rs. in Lakhs)

Quarter ended 30-06-2026 (Unaudited):

  • Revenue from operations: Rs. 103
  • Fees and commission income: Rs. 72
  • Net gain on fair value changes: Rs. 31
  • Other income: Rs. 9
  • Total Income: Rs. 112
  • Total expenses: Rs. 75
  • Employee benefits expense: Rs. 27
  • Depreciation: Rs. 1
  • Other expenses: Rs. 47
  • Share in profit of associate: Rs. 834
  • Profit before tax: Rs. 871
  • Tax expense: Rs. 127
  • Current tax: Rs. 5
  • Deferred tax: Rs. 122
  • Profit for the period: Rs. 744
  • Other comprehensive income: Rs. (12)
  • Total comprehensive income: Rs. 732
  • Basic & diluted earnings per equity share: Rs. 0.68 (not annualized)
  • Paid-up equity share capital: Rs. 1,099 (face value of Re. 1 each)

Comparative Consolidated Figures:

  • Quarter ended 31-03-2026 (Audited): Profit Rs. 2,556 lakh
  • Quarter ended 30-06-2025 (Unaudited): Loss Rs. (816) lakh
  • Year ended 31-03-2026 (Audited): Profit Rs. 4,502 lakh

Entities Included in Consolidation

  • Subsidiary: INOX Infrastructure Limited
  • Associate: PVR INOX Limited

Merger Update

The Board of Directors approved the Scheme of Merger by Absorption for amalgamation of INOX Infrastructure Limited (wholly owned subsidiary) with GFL Limited on 12th February, 2026. The scheme is subject to statutory and regulatory approvals with an appointed date of 1st April, 2026.

A Joint Company Scheme Petition was filed before the Hon'ble National Company Law Tribunal, Mumbai Bench, which admitted the Petition vide its order dated 25th June, 2026. The petition is fixed for hearing on 3rd September, 2026.

Audit Review

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors, Patankar & Associates, carried out a limited review and issued unmodified review reports for both standalone and consolidated results.

Additional Notes

  • The Group has a single operating segment: Investments and allied activities
  • Segment information is provided only for consolidated financial results as per Ind-AS 108
  • Figures for quarter ended 31st March, 2026 are balancing figures between audited annual figures and published unaudited year-to-date figures up to 31st December, 2025
  • Amounts less than Rs. 0.50 lakh are denoted by (*)