Net loss of TIL reported to Rs 1.06 crore in the quarter ended June 2024 as against net profit of Rs 0.95 crore during the previous quarter ended June 2023. Sales rose 1835.84% to Rs 66.98 crore in the quarter ended June 2024 as against Rs 3.46 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales66.983.46 1836 OPM %-7.08-522.54 - PBDT-1.22-27.44 96 PBT-2.93-29.41 90 NP-1.060.95 PL Powered by Capital Market - Live News

TIL will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live News

TIL has signed a partnership agreement with Snorkel Europe to become an official Sales and Service partner for Northern and Eastern India, Andaman and Nicobar Islands, Nepal and Bhutan. As part of this new partnership, Snorkel will provide their extensive product range along with knowledge and support while TIL will leverage it`s wide network of customers within India, Nepal and Bhutan to provide high-quality aerial work platforms, telehandlers and material lifts.TIL has been a formidable player in providing uniquely engineered solutions for material handling, mining, construction and defence sector. TIL`s defence sector offerings have been used for decades in tri-services of India`s defence establishment. The company is also renowned for its retail equipment including ReachStackers, Rough Terrain Cranes, Truck Mounted Cranes, Pick and Carry Cranes among others. This new partnership will enable TIL to unlock a new category of products and also leverage the wide consumer base it caters to. This will widen TIL`s offerings to customers in India in a variety of sectors. Powered by Capital Market - Live News

TIL announced that the Annual General Meeting (AGM) of the company will be held on 10 September 2024.Powered by Capital Market - Live News

Net profit of TIL reported to Rs 168.59 crore in the quarter ended March 2024 as against net loss of Rs 24.83 crore during the previous quarter ended March 2023. Sales rose 98.17% to Rs 31.43 crore in the quarter ended March 2024 as against Rs 15.86 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 253.90 crore in the year ended March 2024 as against net loss of Rs 91.02 crore during the previous year ended March 2023. Sales rose 52.66% to Rs 66.91 crore in the year ended March 2024 as against Rs 43.83 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales31.4315.86 98 66.9143.83 53 OPM %-89.66-85.06 --113.72-128.29 - PBDT-32.27-23.22 -39 -99.80-85.77 -16 PBT-33.95-25.24 -35 -106.90-94.72 -13 NP168.59-24.83 LP 253.90-91.02 LP Powered by Capital Market - Live News