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Tilaknagar Industries registers 52 per cent growth in revenue; PAT increases to Rs. 11 crore in Q2 | ||
Mumbai, Maharashtra, India Tilaknagar Industries Limited (TI) has reported profit after tax (PAT) of Rs. 11 crore for the quarter ended September 2021 as against a net loss of Rs. 2.69 crore for the same period a year ago. The company registered a robust 52 per cent growth in net revenue at Rs. 201 crore in quarter ended September 2021 as against Rs. 132.41 crore in the corresponding quarter last year.
Commenting on the financial performance, Mr. Dahanukar said, “We are glad to share a very strong set of numbers despite an uncertain and challenging environment, not only in terms of COVID-19 and related state-specific restrictions but also challenges of inflationary pressures on the business.”
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