TT Limited Reports Q2 FY2026 Results and Successful Rights Issue
TT Limited, a textile industry player, released Q2 FY2026 results showing a 13.08% decrease in total revenue to ₹4,720.67 lakhs and a 63.98% drop in net profit to ₹17.56 lakhs compared to Q2 FY2025. The company successfully completed a ₹240 crore rights issue, with allotment on August 5, 2025, and trading commencing on August 14, 2025. The balance sheet as of September 30, 2025, shows total assets of ₹21,932.42 lakhs and total equity of ₹12,571.34 lakhs, reflecting an improved financial position post-rights issue.

*this image is generated using AI for illustrative purposes only.
TT Limited , a prominent player in the textile industry, has released its unaudited financial results for the quarter and half-year ended September 30, 2025. The company also successfully completed a rights issue, raising ₹240 crore. Let's delve into the key highlights of their performance and recent developments.
Financial Performance
TTL's financial results for Q2 FY2026 show a mixed performance compared to the same period last year. Here's a breakdown of the key figures:
| Metric (₹ in lakhs) | Q2 FY2026 | Q2 FY2025 | Change (%) |
|---|---|---|---|
| Total Revenue | 4,720.67 | 5,431.28 | -13.08% |
| Net Profit | 17.56 | 48.75 | -63.98% |
| Basic EPS (₹) | 0.01 | 0.23 | -95.65% |
For the half-year ended September 30, 2025, the company reported:
- Total revenue: ₹9,547.26 lakhs
- Net profit: ₹60.29 lakhs
Successful Rights Issue
In a significant move to strengthen its capital base, TT Limited completed a rights issue of equity shares during the quarter. Key details of the rights issue include:
- Total amount raised: ₹240 crore
- Allotment date: August 5, 2025
- Trading commencement: August 14, 2025
This capital infusion is expected to provide the company with additional resources for its operations and potential growth initiatives.
Operational Highlights
- TT Limited continues to operate in a single segment: textiles.
- The company's board meeting for approving these results was held on November 5, 2025, lasting from 3:00 PM to 5:45 PM.
Balance Sheet Snapshot
As of September 30, 2025, TT Limited's balance sheet shows:
| Metric (₹ in lakhs) | September 30, 2025 | March 31, 2025 |
|---|---|---|
| Total Assets | 21,932.42 | 20,468.16 |
| Total Equity | 12,571.34 | 9,016.65 |
| Non-Current Liabilities | 4,506.55 | 4,360.08 |
| Current Liabilities | 4,854.54 | 7,091.42 |
The increase in total equity reflects the impact of the recent rights issue, strengthening the company's financial position.
While TT Limited faced some challenges in the quarter, as evidenced by the decline in revenue and net profit, the successful completion of the rights issue demonstrates investor confidence in the company's future prospects. The textile sector continues to be competitive, and TT Limited's efforts to bolster its financial position through the rights issue may help it navigate the evolving market landscape.































