Transport Related Services company TIL announced Q1FY25 results: TIL Limited has reported the highest standalone quarterly revenue from operations in the last five years at Rs 76.72 crore for Q1FY25, marking an 11% increase from Rs 68.91 crore in the previous financial year. The company achieved a positive EBITDA of Rs 5 crore this quarter, breaking a streak of 13 quarters of EBITDA losses. The company’s net worth as of 30th June is USD 79.36 crore (31st March 2024 — USD 31.88 crore) With quick operational scaling under new management, TIL is ramping up production to clear a backlog of orders and is actively receiving new requests with a pending order book of around Rs 225 crores. Speaking about the results, Mr. Sunil Kumar Chaturvedi, Chairman and Managing Director of TIL Limited said, “I am delighted to witness a rapid scaling up of our operations within a few weeks of change of management. I am particularly grateful to the hard work of our teams and the renewed trust our customers have placed in TIL Limited in recent months. This Q7 Report is just the beginning of a significantly larger turn around we have envisaged that includes range of new products, engineering refresh of existing product line and exports including defence exports. Our external environment and market sentiment is extremely positive with infrastructure development occupying key government focus. This is India’s decade of growth and TIL will play a crucial part in stimulating it with sustainability, governance, and a clear focus on best-in-class service at its core.” Result PDF