TIL's Q1 net revenue up 41 per cent

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Kolkata, Jul 29 (UNI) The TIL Ltd, erstwhile Tractors India, notched up Rs 185.59 crore net revenue in the first quarter of the current fiscal, as compared to Rs 131.99 crore in the corresponding period last year, recording a growth of 41 per cent.

Informing this, a company release today said the TIL's Profit Before Tax (PBT) clocked 40 per cent increase at Rs 9.12 crore in the first quarter against Rs 6.53 crore in the corresponding quarter in the previous fiscal.

It stated that the firm's basic Earning Per Share (EPS) grew by 44 per cent in the first quarter to Rs 5.83.

The company's construction&mining solutions division grew by 75 per cent over last year's corresponding quarter, while power systems registered a nine per cent growth during the quarter, according to the release.

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