StockWatch
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Asset Management Company
Quarterly Result29 May 2026, 09:38 pm

IL&FS Investment Managers Approves FY26 Audited Results

AI Summary

IL&FS Investment Managers Ltd approved the audited standalone financial results for the quarter and year ended March 31, 2026, with a modified opinion from the auditors. The board also recommended a dividend of ₹0.70 per equity share, subject to shareholder approval. Consolidated results were delayed due to pending audits of subsidiaries and will be considered on May 30, 2026. Auditors KKC & Associates LLP noted a material uncertainty regarding the company's ability to continue as a going concern due to the end of the term of existing funds managed/advised by the company, resulting in no fee income during the year, and the ongoing SFIO investigation.

Key Highlights

  • Audited standalone financial results for FY26 approved with a modified opinion.
  • Dividend of ₹0.70 per share recommended, pending shareholder approval.
  • Consolidated results delayed due to pending subsidiary audits.
  • Auditor highlights material uncertainty regarding going concern assumption.
  • SFIO investigation's potential impact remains uncertain.