TIL Returns to Profit, Reports Highest EBITDA in Six Years

27 May 2025 CW Team

TIL Limited (NSE: TIL), a key player in India’s material handling and infrastructure equipment sector, has posted its strongest financial performance in years, marking a return to profitability in FY25. Following its acquisition by the Gainwell Group in January 2024, TIL has reported its highest revenue in five years and best EBITDA performance in six years, alongside its first positive earnings per share in the same period.

FY25 and Q4 Financial Highlights:

6. Total Revenue: ₹343.1 crore (up 398 per cent YoY)

7. Q4 FY25 Revenue: ₹110.9 crore (up 240 per cent YoY, 34 per cent QoQ)

8. EBITDA (FY25): ₹40.2 crore, compared to ₹-73.9 crore in FY24

9. EBITDA (Q4): ₹21.5 crore, with EBITDA margin at 19.4 per cent

10. PAT (FY25): ₹2.9 crore, reversing previous year’s loss of ₹253.9 crore

This performance follows strategic transformations, robust aftermarket support, and operational upgrades. Notably, the company rolled out its 400th ReachStacker from its Kharagpur facility—a symbol of its renewed manufacturing strength.

Chairman & MD Sunil Kumar Chaturvedi stated:

“Our strategic overhaul has delivered unprecedented growth. We are now well-placed for further innovation and expansion.”

President Alok Kumar Tripathi added:

“Our Q4 performance reflects strong customer trust and operational execution. Partnerships such as with Hyster® have helped launch high-capacity forklifts and new aerial work platforms.”

Key Business Updates:

11. New Launches: N80 articulating crane, Snorkel A62JRT, and Hyster-TIL forklifts

12. Milestone: 400th ReachStacker produced

13. bauma CONEXPO Return: Showcased ‘Make in India’ capabilities

14. Active Fleet: 3,000+ machines in operation

TIL plans to launch five to six new products for the civilian market in FY26 while strengthening its defence collaborations. The company remains aligned with India’s infrastructure growth strategy, focused on quality, customer service, and market expansion.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..