TTML Q2 FY27 Results: Revenue Up 8%, Loss Narrows, Key Appointments Made
TTML · price
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Board approved Q2 FY27 audited results. Revenue from operations rose 8.2 percent YoY to Rs 309.65 Cr (H1: Rs 611.22 Cr, up 7.2 percent). Net loss narrowed sharply to Rs 59.20 Cr from Rs 320.82 Cr in Q2 FY26. EBITDA grew to Rs 164.61 Cr. Auditor Price Waterhouse gave unmodified opinion. Note 1 flags going concern as accumulated losses exceed equity and current liabilities exceed current assets; support letter from holding company received. Also appointed new director, company secretary, and two senior management personnel.
Loss narrowing and revenue growth are positive, but negative net worth and going concern flag remain key risks for shareholders.