TIL Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
TIL · price
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TIL Limited, a material handling equipment maker (cranes, port equipment, etc.), reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results. Standalone revenue from operations fell to ₹6,291 lakhs from ₹6,698 lakhs in Q1 FY25, a decline of about 6%. The company swung to a much wider loss before tax of ₹1,029 lakhs versus ₹293 lakhs last year, and reported a net loss of ₹622 lakhs (EPS of -₹0.93) versus a loss of ₹106 lakhs (EPS of -₹0.16) in the year-ago quarter. Other income of ₹780 lakhs includes a one-time write-back of ₹751 lakhs for liabilities no longer required, which flatters the topline. On June 9, 2025, the company allotted 37.5 lakh convertible warrants at ₹160 each on a preferential basis, receiving ₹1,500 lakhs upfront (balance ₹4,500 lakhs due within 18 months). The board also appointed Mr. Pinaki Niyogy, CTO & COO, as a Key Managerial Personnel. A SEBI penalty of ₹100 lakhs from May 2024 remains under appeal at SAT.
Weak operating quarter with falling revenue and a sharply wider loss is a negative signal for shareholders, though the headline loss is cushioned by a ₹751 lakh one-time write-back. The warrant allotment signals capital raising that will dilute existing shareholders if converted, but brings in near-term funds.