IL&FS Investment Managers Ltd
IL&FS Investment Managers Q2 FY27: Reports Net Loss of (153.33) Rs. In Lakhs
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 04 Nov 2026, 01:48 PM IST · BSE ID: 9aa17b7f-4264-4a90-bec9-d73bace899d8
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported a financial loss for the recent quarter, with no income from its main business, raising concerns about its future.
🤖 AI Summary
- IL&FS Investment Managers Board approved standalone and consolidated financial results for Q2 FY27.
- Company reported a standalone net loss of (153.33) Rs. In Lakhs for the quarter ended September 30, 2026.
- Total standalone revenue for Q2 FY27 stood at 27.04 Rs. In Lakhs, derived solely from Other Income.
- Cash flow from operating activities for the half year ended September 30, 2026, was a net outflow of (211.60) Rs. In Lakhs.
- Auditors highlighted a material uncertainty regarding going concern due to no fee income and ongoing SFIO investigation.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total Revenue (Q2 FY27)
27.04 Rs. In Lakhs
Not comparable — limited prior period data.
Profit After Tax (Q2 FY27)
(153.33) Rs. In Lakhs
Not comparable — limited prior period data.
Total Comprehensive Income (Q2 FY27)
(143.87) Rs. In Lakhs
Not comparable — limited prior period data.
Cash and Cash Equivalents (Sep 30, 2026)
33.64 Rs. In Lakhs
Earning per equity share (Q2 FY27)
(0.05) Rs.
Not comparable — limited prior period data.
🏢 How This Affects the Company
The company recorded no revenue from operations for Q2 FY27, as the extended term of existing managed funds concluded in the previous year, resulting in no fee income.
IL&FS Investment Managers reported a profit after tax of (153.33) Rs. In Lakhs for Q2 FY27, following total expenses of 180.37 Rs. In Lakhs against total revenue of 27.04 Rs. In Lakhs.
Auditors noted a material uncertainty regarding the company's ability to continue as a going concern due to the absence of fee income and an ongoing SFIO investigation against the ultimate holding company.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected by the reported net loss of (153.33) Rs. In Lakhs and the auditors' emphasis on going concern uncertainty, which affects the company's financial stability.
🔍
Management Signal
The management's assessment that the going concern assumption is appropriate, despite auditor's emphasis, signals a belief in the company's ability to meet obligations.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 results — monitor for any resumption of fee income or operational revenue.
Updates on the Serious Fraud Investigation Office (SFIO) proceedings and impact.
Future statements on the company's going concern assessment and mitigation plans.
HIGH RISK
Material uncertainty on going concern due to zero fee income and ongoing SFIO investigation create high financial and operational risk.
💡 Investor Takeaway
IL&FS Investment Managers reported a standalone net loss of (153.33) Rs. In Lakhs for Q2 FY27, with total revenue of 27.04 Rs. In Lakhs comprising only Other Income. Auditors noted material uncertainty regarding the company's going concern ability due to no fee income and an ongoing SFIO investigation.
⚖️ Strengths & Concerns
⚠️ Concerns
- Net loss of (153.33) Rs. In Lakhs for Q2 FY27, with no revenue from operations reported for the quarter.
- Auditors highlighted a material uncertainty about the company's going concern status due to no fee income from managed funds.
❓ Frequently Asked Questions
What were IL&FS Investment Managers' financial results for Q2 FY27?
IL&FS Investment Managers reported a standalone net loss of (153.33) Rs. In Lakhs for the quarter ended September 30, 2026.
What was the total revenue for IL&FS Investment Managers in Q2 FY27?
The total standalone revenue for IL&FS Investment Managers in Q2 FY27 was 27.04 Rs. In Lakhs, solely from Other Income, with no revenue from operations.
Did IL&FS Investment Managers earn fee income in Q2 FY27?
No, IL&FS Investment Managers did not earn any fee income during Q2 FY27 because the extended term of existing funds managed by the company ended in the previous year.
What is the auditors' view on IL&FS Investment Managers' going concern status?
The auditors highlighted a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern, primarily due to no fee income.
What was the cash flow from operating activities for IL&FS Investment Managers in the half year ended September 30, 2026?
Net cash used in operating activities for IL&FS Investment Managers during the half year ended September 30, 2026, was (211.60) Rs. In Lakhs.
Questions based on this BSE filing only. For information purposes.