The company reported a net loss of Rs 8.36 crore for the Jul-September quarter compared with a loss of Rs 7.79 crore in the same quarter last fiscal.
Net sales during the quarter declined to Rs 283.39 crore from Rs 317.47 crore in the same quarter last year. Finance cost increased to Rs 21.90 crore from Rs 17.82 crore in the second quarter last year.
The stock opened at Rs 393 and touched a low of Rs 362. At 12:50PM, over 22,600 shares were traded on both the BSE and NSE.
TIL is engaged in manufacture and marketing of a comprehensive range of state-of –the –art material handling equipment and lifting solutions with integrated customer support.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%