Transport Related Services company TIL announced Q3FY25 results Q3FY25 Revenue reported at Rs 82.98 crore, up by 564% YoY. Q3FY25 EBITDA stood at Rs 6.48 crore with an EBITDA margin of 7.8%. EBITDA margin: 7.8% for Q3FY25. PBT: Rs -3.51 crore compared to Rs -21.72 crore during Q3FY24. PAT: Rs -3.7crore compared to Rs 104.5 crore during Q3FY24. Robust orderbook at Rs 126.9 crore (as on 31st Dec 2024) with more than Rs 200 crore orders in pipeline reflecting strong market demand and successful execution of strategic initiatives. Sunil Kumar Chaturvedi, Chairman & Managing Director, TIL, said: "The third quarter performance reflects our continued focus on operational excellence and strategic growth initiatives. Our recent participation in bauma CONEXPO India 2024 has further strengthened our brand and the orders received thereafter demonstrate the industry's renewed confidence in TIL's capabilities. The introduction of new products, including the Snorkel A62JRT articulating boom lift (AWP) and the updated Hyster-TIL ReachStacker, have expanded our addressable market while maintaining our commitment to quality and innovation. A lot more is in the pipeline and all of us at TIL Limited are excited about what we are bringing to the industry in terms of new products, processes and technology." Alok Kumar Tripathi, President, TIL, said: "Our Q3 performance builds upon the operational improvements achieved in the previous quarters. The strong closure of pending orders and the renewed confidence of our customers’ post-delivery has resulted in our healthy order visibility. Our strategic partnerships with global leaders like Hyster® (a division of HysterYale Group, Inc.), Manitowoc Company, Inc. of USA and Snorkel Europe Limited continue to strengthen our market presence while enabling us to offer cutting-edge solutions to our customers." Result PDF
Transport Related Services company TIL announced Q2FY25 results Revenue remains stable at Rs 72.5 crore, indicative of regularising business activities after the new management's takeover EBITDA has grown to Rs 7.3 crore from Rs 5.0 crore an increase of 45.8% over the previous sequential quarter spurred by a better product mix and cost optimisation. Orderbook continues to be healthy at Rs 214 crore (Sep 2024) - including new orders worth Rs 105 crore post takeover Sunil Kumar Chaturvedi, Chairman & Managing Director, TIL, said: "Our Q2 performance reflects the successful implementation of our strategic initiatives and operational excellence programs. The 45.8% improvement in EBITDA and stable revenue demonstrate our commitment to cost optimisation while maintaining product quality. The 10.1% EBITDA margin this quarter and a healthy orderbook of Rs 214 crore provides strong visibility for future growth. As we continue to strengthen our global alliances and leverage our technical expertise, TIL stands poised to play an increasingly vital role in India's infrastructure development. The remarkable turnaround in profitability within just two quarters of new management validates our strategic direction and positions us well for sustained growth in India's rapidly evolving industrial landscape." Result PDF
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