Total Transport Systems Limited has informed the Exchange about Diversification/Disinvestment
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Total Transport Systems Limited reported FY2026 standalone revenue of ₹5,045 Lakhs, down 9.3% from ₹5,564 Lakhs in FY2025. Standalone net profit fell to ₹710 Lakhs from ₹1,129 Lakhs, with EPS declining from ₹7.00 to ₹4.40. Consolidated revenue was ₹6,216 Lakhs (down from ₹6,652 Lakhs), with consolidated net profit at ₹787 Lakhs. The Board approved disinvestment of the company's entire 60% stake in R N Freight Forwarders Private Limited for ₹2.46 Lakhs, with completion expected by June 30, 2026. The subsidiary contributed ₹546 Lakhs (0.88% of consolidated turnover) and had negative net worth of ₹-71 Lakhs. The buyer is Mr. Rajesh Sharma, a director of the subsidiary, and the transaction qualifies as a related party transaction. Auditors issued an unmodified opinion on both standalone and consolidated results.
The company is facing revenue and profitability decline year-on-year. The disinvestment of a loss-making subsidiary with negative net worth may be positive for reducing drag on group performance, though the consideration amount is very small. Investors should monitor whether the core transport business stabilises given the ~10% revenue contraction.