For the quarter ending June 30, 2025, TTML posted a net loss of ₹324.98 crore, compared to a net loss of ₹323.40 crore in the same quarter last year, showing a slight widening of losses (↑0.5% YoY).

Key financial highlights (YoY):

  • Total Income: ₹286.36 crore vs ₹327.17 crore in Q1FY25 → down ~12.5% YoY

    • Revenue from operations: ₹284.25 crore vs ₹323.50 crore → down ~12.1% YoY

    • Other income: ₹2.11 crore vs ₹3.67 crore → down ~42.5% YoY

  • EBITDA (Earnings before Interest, Tax, Depreciation & Amortisation):

    • ₹146.81 crore vs ₹138.53 crore → up ~6% YoY

  • Expenses:

    • Employee benefits: ₹21.41 crore vs ₹19.03 crore → up ~12.5% YoY

    • Operating & other expenses: ₹118.14 crore vs ₹169.61 crore → down ~30.3% YoY

    • Total expenses: ₹139.55 crore vs ₹188.64 crore → down ~26% YoY

  • Loss before tax: ₹324.98 crore vs ₹323.40 crore → marginally wider YoY

  • Finance costs: ₹432.89 crore vs ₹422.90 crore → up ~2.4% YoY

Summary:

While TTML improved its EBITDA and reduced total operating expenses, a significant decline in revenue and consistently high finance costs contributed to a net loss remaining above ₹320 crore. This quarter also saw a decline in other income and lower operational revenues compared to the same period last year.