Company Disclosure

Financial Results for Quarter Ended June 30, 2026

  • Revenue from Operations: ₹46.42 crore (Rupees Forty-Six Crore Forty-Two Lakh Only)
  • Profit Before Tax (PBT): ₹25.90 lakh (Rupees Twenty-Five Lakh Ninety Thousand Only)

Performance Context

Management noted that profitability remained below expectations due to several external factors:

  • 15–20% increase in cotton and polyester yarn prices (key raw materials)
  • 70–80% increase in packaging material costs
  • Continued inflationary pressures resulting in higher labour and operating costs
  • Significant increase in domestic and international freight costs
  • Supply chain disruptions and uncertainty arising from Middle East conflict

The Company absorbed a significant portion of these cost increases as competitive market conditions limited immediate price pass-through to customers.

Strategic Initiatives

Capacity Expansion

  • Plan to double stitching capacity at Howrah (Kolkata) garment facility
  • Expansion from 150 to approximately 300 stitching machines
  • Additional space available within existing premises
  • Timeline: Completion within next three months
  • Expected outcomes: Significant strengthening of manufacturing capabilities and improved operational efficiencies

Business Development

New customer additions during the quarter:

  • D'Mart
  • CSD (Canteen Stores Department)

Existing customer portfolio includes:

  • V-Mart
  • Vishal Mega Mart
  • V2 Retail
  • Police Canteens
  • Other institutional and retail customers

Expected benefits: Enhanced market reach, strengthened distribution network, and positive contribution to business growth

Industry Outlook

Positive developments supporting future growth:

  • Signing of India–UK Free Trade Agreement (opening new opportunities for Indian apparel exports)
  • Improving global sentiment with signs of easing geopolitical tensions
  • Expectations of greater stability in raw material prices and logistics costs
  • Continued focus on expanding domestic branded garment sales

Management Outlook

Management remains confident in strategic initiatives undertaken over past two years:

  • Debt reduction
  • Manufacturing realignment
  • Capacity expansion
  • Renewed focus on branded garments

Expected improvements in operational performance in coming quarters due to:

  • Moderating cost pressures
  • New capacity becoming operational
  • Strengthening domestic and export demand

Company Background

TT Limited is an integrated textile company with presence across:

  • Yarn
  • Fabrics
  • Garments
  • Branded retail products

Brand: "T.T." brand recognized as a "Well-Known Trademark" in India

Global presence: Exports to more than 65 countries

Facility locations:

  • Avinashi (Tamil Nadu)
  • Surat (Gujarat)
  • Kolkata/Howrah (West Bengal)
  • Other strategic locations across India