Tai Industries revenue rises 171% as profit reaches Rs 95.75 lakh

Tai Industries Limited reported revenue from operations of Rs 82.78 crore for the quarter ended 30 September 2026, up 171% year on year, while profit after tax rose to Rs 95.75 lakh from Rs 35.31 lakh. The company also returned to profit from a Rs 43.21 lakh loss in the preceding June 2026 quarter.

How much did Tai Industries’ September-quarter revenue grow?

Tai Industries’ revenue from operations rose 171% to Rs 82.78 crore in the quarter ended 30 September 2026, from Rs 30.57 crore in the quarter ended 30 September 2025. It was also 134% above Rs 35.44 crore in the quarter ended 30 June 2026, showing that the September quarter supplied most of the first-half increase.

Other income was Rs 1.90 crore in the September 2026 quarter, compared with Rs 1.92 crore a year earlier and Rs 34.29 lakh in the June 2026 quarter. Including other income, total income reached Rs 84.69 crore, against Rs 32.49 crore in September 2025 and Rs 35.79 crore in June 2026.

Tai Industries says it is primarily engaged in the trading of goods and is organisationally managed as a single unit. The company therefore reported a single operating segment for the quarter ended 30 September 2026, rather than providing a split across trading categories or business divisions.

Why did Tai Industries’ profit rise less than revenue?

Tai Industries’ profit after tax increased by Rs 60.44 lakh year on year to Rs 95.75 lakh because most of the increase in total income was matched by trading-related costs. Total expenses were Rs 83.53 crore in the September 2026 quarter, compared with Rs 31.93 crore a year earlier and Rs 36.22 crore in the June 2026 quarter.

Purchases of stock-in-trade, the largest expense line, rose to Rs 80.06 crore from Rs 27.03 crore in the September 2025 quarter and Rs 34.09 crore in the June 2026 quarter. Changes in inventories reduced reported expenses by Rs 1.37 crore, compared with an expense of Rs 35.73 lakh a year earlier and a reduction of Rs 1.57 crore in the preceding quarter.

Employee benefits expense was Rs 1.16 crore in the latest quarter, versus Rs 56.90 lakh in September 2025 and Rs 1.04 crore in June 2026. Other expenses were Rs 3.59 crore, lower than Rs 3.93 crore a year earlier but above Rs 2.60 crore in the preceding quarter; finance costs were Rs 5.48 lakh and depreciation and amortisation expense was Rs 3.80 lakh.

Profit before tax was Rs 1.15 crore for the September 2026 quarter, compared with Rs 55.91 lakh a year earlier and a loss before tax of Rs 43.21 lakh in June 2026. Current tax of Rs 19.50 lakh brought quarterly profit after tax to Rs 95.75 lakh, which was about 1.2% of revenue from operations on the reported figures.

What did Tai Industries report for the first half of 2026-27?

Tai Industries reported revenue from operations of Rs 118.23 crore for the half year ended 30 September 2026, up 111% from Rs 55.95 crore in the half year ended 30 September 2025. The September quarter’s Rs 82.78 crore represented about 70% of the first-half revenue from operations, compared with Rs 35.44 crore in the June quarter.

First-half other income increased to Rs 2.25 crore from Rs 2.03 crore, taking total income to Rs 120.47 crore from Rs 57.98 crore in the prior-year half. Total expenses were Rs 119.75 crore, versus Rs 57.41 crore, leaving profit before tax of Rs 72.04 lakh compared with Rs 56.99 lakh a year earlier.

Profit after tax for the half year was Rs 52.54 lakh, up from Rs 35.41 lakh in the comparable 2025 period. This first-half total combines the Rs 43.21 lakh loss recorded in the June 2026 quarter with the Rs 95.75 lakh profit in the September 2026 quarter.

Basic and diluted earnings per share were Rs 1.60 for the September 2026 quarter, compared with Rs 0.59 in the year-earlier quarter and a loss per share of Rs 0.72 in June 2026. For the half year, basic and diluted earnings per share were Rs 0.88, against Rs 0.59 in the prior-year half, while paid-up equity share capital remained Rs 6 crore.

What do Tai Industries’ cash flows and balance sheet show?

Tai Industries recorded a net cash outflow from operating activities of Rs 10.67 crore in the half year ended 30 September 2026, compared with an outflow of Rs 6.18 lakh in the prior-year half. Cash generated from operations was negative Rs 10.07 crore before net income-tax payments of Rs 60.60 lakh.

The cash-flow statement recorded a Rs 3.03 crore decrease in trade receivables, but also showed increases in inventories of Rs 2.94 crore and other current assets of Rs 5.94 crore. These working-capital movements were included in the operating cash outflow for the six months ended 30 September 2026.

Net cash inflow from investing activities was Rs 4.91 crore, compared with Rs 2.71 crore in the prior-year half, while financing activities produced a net inflow of Rs 4.15 crore against an outflow of Rs 1.27 crore. Cash and cash equivalents stood at Rs 85.23 lakh at 30 September 2026, down from Rs 2.47 crore at the start of the financial year.

Total assets were Rs 70.26 crore at 30 September 2026, compared with Rs 68.18 crore at 31 March 2026. Equity was Rs 29.54 crore against Rs 29.17 crore at year end, while current liabilities increased to Rs 39.79 crore from Rs 38.08 crore.

Conclusion

Tai Industries reported a sharp rise in trading revenue for the September 2026 quarter, with revenue from operations reaching Rs 82.78 crore from Rs 30.57 crore a year earlier and profit after tax rising to Rs 95.75 lakh. Purchases of stock-in-trade of Rs 80.06 crore and total expenses of Rs 83.53 crore show that the higher sales volume translated into a comparatively small reported profit surplus.

The next disclosed accounting matter to watch is Tai Industries’ deferred-tax asset or liability computation, which management says will be considered at the year end. Cash conversion is also relevant after the Rs 10.67 crore first-half operating cash outflow and the decline in cash and cash equivalents to Rs 85.23 lakh at 30 September 2026.