Total Transport Systems Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
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Total Transport Systems Limited announced its unaudited financial results for the quarter ended June 30, 2025. Consolidated revenue from operations stood at ₹14,744.19 lakhs, up marginally from ₹14,600.20 lakhs in Q1 FY25. Net profit after tax jumped sharply to ₹293.71 lakhs (from ₹23.42 lakhs a year ago), translating to a consolidated EPS of ₹1.81 versus ₹0.15. On a standalone basis, revenue was ₹12,032.91 lakhs and net profit was ₹274.90 lakhs, with EPS of ₹1.70 (vs ₹1.25). Profitability improved meaningfully on better expense management. The Board also accepted the resignation of S R B C & Co LLP as statutory auditor, effective August 6, 2025, citing a fee dispute (Company offered ₹30 lakhs versus the existing ₹60 lakhs). M. P. Chitale & Co has been recommended as the new statutory auditor for a 5-year term, subject to shareholder approval at the AGM on September 1, 2025.
The strong profit growth and margin expansion are positive signals for shareholders, though revenue growth remains flat. The mid-year auditor change is a notable corporate governance event — while the stated reason is a commercial fee disagreement and not a quality issue, investors should watch for a smooth transition and any changes in audit posture from the new auditor.