IITL Projects Declares Q1 FY27 Unaudited Standalone Results

IITL Projects Limited announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved the results and the Limited Review Report. The company also appointed CS Payal Vyas as the Secretarial Auditor for FY 2026-2027. Notably, the company's accumulated losses exceed its paid-up capital and net worth, leading to the preparation of financial statements on a 'non-going concern' basis. An impairment loss of ₹4.05 Crores was recognized related to an advance payment for a property.