Total Transport Systems Limited announced its unaudited financial results for the third quarter (Q3) and nine months (9M) of the fiscal year 2026, ending December 31, 2025. For Q3 FY26, the company reported a revenue of ₹156 crore, marking a 4.6% decrease quarter-on-quarter (QoQ) and a 10.9% decline year-on-year (YoY). Revenue for the 9M FY26 period stood at ₹467 crore, an 8.3% YoY decrease. EBITDA for Q3 FY26 was ₹4.5 crore, with EBITDA margins at 2.9%, remaining stable sequentially. For 9M FY26, EBITDA increased by 73.6% YoY to ₹13.7 crore, with margins expanding to 2.9% (a 138 bps YoY improvement). Profit After Tax (PAT) for Q3 FY26 was ₹2.3 crore, with PAT margins at 1.5%. For 9M FY26, PAT reached ₹7.6 crore, showing a 2.5x YoY growth, and PAT margins improved by 103 bps YoY to 1.6%. Mr. Makarand Pradhan, Promoter and MD, commented that Q3 FY26 reflected a stable operating phase amidst a mixed global trade environment. He highlighted that operational efficiency and financial discipline initiatives during 9M FY26 drove the significant improvement in profitability. He also expressed optimism about the longer-term sector visibility, supported by developments like the EU–India Free Trade Agreement.
