| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 79.14 | 17.0% |
| Total Income | 82.98 | 14.4% |
| Expenditure | 86.49 | 15.5% |
| PBT | -3.51 | 48.7% |
| Net Profit | -3.70 | 72.9% |
| OPM | -21.91% | 3.00pp |
| NPM | -4.46% | 1.51pp |
| EPS | -0.56 | 75.0% |
TIL Limited Reports Strong Q3FY25 Results Backed by Operational Excellence & Strategic Growth
10 Feb 2025 · 10 Feb 2025, 05:18 pm
Summary
TIL Limited, a leading Indian manufacturer of material handling and infrastructure equipment, has announced its financial results for the third quarter and the nine months ended December 31°, 2024. The company demonstrated continued momentum in operational excellence and market expansion, with Q3 FY25 revenue reported at ₹ 82.98 crores, up by 564% Y-o-Y; 9M FY25 revenue reported at ₹ 232.20 crores, up by 539% Y-o-Y.
Key Highlights
- 1
Q3 FY25 Revenue reported at ₹ 82.98 crores, up by 564% Y-o-Y
- 2
9M FY25 Revenue reported at ₹ 232.20 crores, up by 539% Y-o-Y
- 3
Robust orderbook at ₹ 126.9 crore (as on 31° Dec 2024) with more than ₹ 3200 crore orders in pipeline
- 4
Introduction of new products like Snorkel A62JRT articulating boom lift (AWP) and the updated Hyster-TIL ReachStacker
- 5
Strategic partnerships with global leaders like Hyster® (a division of Hyster- Yale Group, Inc.), Manitowoc Company, Inc. of USA and Snorkel Europe Limited continue to strengthen market presence
Management Comments
Sunil Kumar Chaturvedi
The third quarter performance reflects our continued focus on operational excellence and strategic growth initiatives. Our recent participation in bauma CONEXPO India 2024 has further strengthened our brand and the orders received thereafter demonstrate the industry's renewed confidence in TIL's capabilities. The introduction of new products, including the Snorkel A62JRT articulating boom lift (AWP) and the updated Hyster-TIL ReachStacker, have expanded our addressable market while maintaining our commitment to quality and innovation. A lot more is in the pipeline and all of us at TIL Limited are excited about what we are bringing to the industry in terms of new products, processes and technology.
Alok Kumar Tripathi
Our Q3 performance builds upon the operational improvements achieved in the previous quarters. The strong closure of pending orders and the renewed confidence of our customers’ post-delivery has resulted in our healthy order visibility. Our strategic partnerships with global leaders like Hyster® (a division of Hyster- Yale Group, Inc.), Manitowoc Company, Inc. of USA and Snorkel Europe Limited continue to strengthen our market presence while enabling us to offer cutting-edge solutions to our customers.”
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