IL&FS Investment Managers Limited Reports Q2 2026 Results Amid Operating Challenges
IL&FS Investment Managers Limited announced its unaudited financial results for the quarter ended June 30, 2026, detailing performance across standalone, group, and consolidated segments. The Company reported a net loss in its standalone segment while showing positive profitability in certain subsidiary and group operations. Management has affirmed the appropriateness of the going concern assumption based on existing earnings and liquid assets.The results were reviewed by the company's Statutory Auditors.
Standalone Financial Results (IL&FS Investment Managers Limited)
The unaudited standalone financial results for IL&FS Investment Managers Limited, prepared in accordance with Ind AS 34 'Interim Financial Reporting,' reflected varied performance across the reporting periods. The Company reported Other Income of 40.07 lakhs during the quarter ended June 30, 2026.Key figures from the standalone results are summarized below:
| Period | Total Revenue/Other Income (in lakhs) | Benefits Expense (in lakhs) | Profit After Tax (in lakhs) |
|---|---|---|---|
| Quarter Ended June 30, 2026 | 40.07 | 91.06 | (139.25) |
| Quarter Ended March 31, 2026 | 2,345.51 | 73.84 | 2,191.53 |
| Quarter Ended June 30, 2025 | 144.67 | 87.75 | (22.69) |
| Year Ended March 31, 2026 | 5,528.76 | N/A | 4,791.30 |
Group Standalone Financial Results
The summarized unaudited standalone financial results for the Holding Company reflected operating and exceptional items during the quarter ended June 30, 2026. The company reported a total revenue of 1,014.23 lakhs in the quarter.Financial performance figures for the standalone operations:
| Period | Total Revenue (in lakhs) | P/L Before Tax (in lakhs) | Profit After Tax (in lakhs) |
|---|---|---|---|
| Quarter Ended June 30, 2026 | 1,014.23 | (139.25) | (139.25) |
| Quarter Ended March 31, 2026 | 2,345.51 | 2,191.53 | 2,191.53 |
| Quarter Ended June 30, 2025 | 144.67 | (22.69) | (22.69) |
| Year Ended March 31, 2026 | 5,528.76 | 4,791.30 | 4,791.30 |
Consolidated Financial Results
Theunaudited consolidated financial results for the quarter ended June 30, 2026, detailed operational performance across the Group’s portfolio, which includes the Holding Company and its subsidiaries.For the quarter:
- Total Revenue stood at 3,788.30 Lakhs.
- Total Expenses were recorded at 3,148.77 Lakhs.
- The Group generated a Profit before tax of 639.53 Lakhs.
Management noted that the extended term of existing funds managed by the Holding Company ended in the previous financial year, resulting in no fee income for the company during the current period. The Group also reported an exceptional recovery of 249.06 lakhs from ICDs written off in earlier years.
Going Concern Assessment
In light of conditions such as the completion of the extended tenure of existing funds and a significant decline in revenue across certain subsidiaries, management assessed that the preparation of the unaudited financial results was appropriate utilizing the going concern assumption. Management stated that existing earnings and liquid assets are expected to be sufficient to meet the Group’s obligations over the next twelve months.IVC Stock Price Movement
Today, shares of IL&FS Investment Managers Limited edged higher in the closed market, settling around ₹8.60 after gaining 0.93%. The equity traded within an intraday range of ₹8.47 to ₹8.73 and recorded a volume of 184,130 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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