Kolkata - TIL Limited., a material handling equipment manufacturer, has reported a stronger second quarter for FY26, with its consolidated net loss narrowing to $0.08 million, a sharp improvement from the $0.87 million loss in Q1.
Revenue from operations rose to $8.18 million, up 24.4 percent from the previous quarter, while EBITDA increased to $0.37 million, reflecting improved operational efficiency. For the half year ended September 30, 2025, the company posted revenue of $16.28 million and a net loss of $1.57 million.
The company continues to benefit from a solid order book exceeding $22.5 million, providing visibility for upcoming quarters. TIL also plans to introduce new safety-focused material handling products at Excon 2025 to tap into emerging market opportunities.
TIL appointed Anurag Srivastava as an Additional Non-Executive Director, effective November 10, 2025. Srivastava, currently MD & CEO of the Parasea Coal Mine Project at Gainwell Group, brings extensive experience from roles in government and consulting, including his tenure as a 2007 batch IAS officer and former Partner at PwC India.
President Alok Kumar Tripathi said Q2 showed steady progress in operations and product development and noted that the company enters the second half of FY26 with positive momentum. TIL expects stronger performance ahead as order execution picks up and new products begin contributing to revenue.
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