Outcome of Board Meeting
TTL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
T T Ltd reported audited financial results for Q4 and FY ended March 2026. Revenue from operations declined to Rs 19,151.94 lakhs from Rs 21,443.15 lakhs in the previous year, representing approximately 10.7% revenue decline. Profit after tax dropped significantly to Rs 29.09 lakhs from Rs 409.91 lakhs in FY25, a decline of over 93%. EPS for FY26 stands at just Rs 0.01 compared to Rs 0.19 in FY25. The company reported negative operating cash flows of Rs 602.67 lakhs for the year. The Board also approved appointment of R S Modi & Co as internal auditor and Sanjay Kumar Sharma as an additional independent director. Additionally, the company plans to incorporate a wholly owned subsidiary called T T Capital Partners Limited to handle investment and treasury management activities.
The sharp decline in revenue and profit, combined with negative operating cash flows, suggests operational challenges. However, the auditor has given an unmodified opinion, providing some comfort. The new subsidiary for investment purposes indicates a diversification strategy. Shareholders should monitor the company's ability to reverse the declining profitability trend.