TIL Limited, a manufacturer of material handling and infrastructure equipment, reported standalone revenue of INR 814.5 million for the quarter ended 30 September 2025 (Q2FY26), up 12 percent from INR 725.1 million in the corresponding quarter of FY25. EBITDA rose to INR 32.7 million, translating to an EBITDA margin of 4.0 percent, while the company posted a net loss of INR 77.2 million for the period.
Revenue for the first half of FY26 reached INR 1,521.6 million, with sequential quarter-on-quarter growth of 15 percent and EBITDA improving 211 percent over Q1FY26. The company cited stronger execution and operating leverage as key factors driving performance.
TIL reported an order book exceeding INR 2.0 billion as of 10 November 2025, providing clear revenue visibility for the second half of the fiscal year. It said order inflow remains healthy across product segments, supported by infrastructure spending and increased demand in material handling and port equipment.
Profit before tax stood at a loss of INR 92.3 million for the quarter and INR 195.2 million for H1FY26. The company said rupee depreciation during the first half had an adverse foreign exchange impact on reported profitability.
“TIL enters the second half of FY26 with stable fundamentals, clear execution visibility, and positive momentum across operational metrics,” said Alok Kumar Tripathi, President, TIL Limited. He added that market feedback on upcoming products has been favourable, reinforcing the company’s focus on product development and cost optimisation.
The company said it continues to prioritise operational efficiency, indigenisation of components, and after-sales support enhancement. Three new products are scheduled for launch at Excon 2025, with expected revenue contribution from the third quarter onwards.
Founded in 1944 and headquartered in Kolkata, TIL operates two manufacturing facilities in eastern India and supplies material handling and infrastructure equipment to sectors including ports, construction, mining, steel and defence.
