Tai Industries reports Rs 82.78 crore September revenue

Tai Industries Limited reported revenue from operations of Rs 82.78 crore and net profit of Rs 95.75 lakh for the quarter ended 30 September 2026, versus Rs 30.57 crore and Rs 35.31 lakh respectively a year earlier; the company also reversed the preceding quarter’s Rs 43.21 lakh loss.

How did Tai Industries perform in the September 2026 quarter?

Tai Industries increased revenue from operations to Rs 82.78 crore in the quarter ended 30 September 2026 from Rs 30.57 crore in the quarter ended 30 September 2025. Net profit rose to Rs 95.75 lakh from Rs 35.31 lakh over the same comparison. Basic and diluted earnings per share were Rs 1.60, compared with Rs 0.59 in the prior-year quarter.

Total income was Rs 84.69 crore, including other income of Rs 1.90 crore. In the corresponding 2025 quarter, total income was Rs 32.49 crore, including other income of Rs 1.92 crore. Profit before tax was Rs 1.15 crore in the latest quarter, compared with Rs 55.91 lakh a year earlier, while current tax expense was Rs 19.50 lakh versus Rs 14.98 lakh.

The results were approved by Tai Industries’ board on 10 November 2026 after review by its audit committee. The company reported the figures as unaudited financial results for the quarter and half year ended 30 September 2026 under Regulation 33 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015.

What changed from the June 2026 quarter?

Tai Industries returned to profit in the September 2026 quarter after a net loss of Rs 43.21 lakh in the quarter ended 30 June 2026. Revenue from operations rose from Rs 35.44 crore in June to Rs 82.78 crore in September, while total income increased from Rs 35.79 crore to Rs 84.69 crore.

Profit before tax changed from a loss of Rs 43.21 lakh in the June quarter to a profit of Rs 1.15 crore in the September quarter. Earnings per share also changed from a loss of Rs 0.72 in June to earnings of Rs 1.60 in September. Other income increased from Rs 34.29 lakh in the preceding quarter to Rs 1.90 crore.

Tai Industries did not provide a separate management explanation for the quarter-on-quarter revenue and profit movement in its 10 November 2026 filing. The filing does show that purchases of stock-in-trade rose from Rs 34.09 crore in June to Rs 80.06 crore in September, alongside the increase in trading revenue.

What do expenses show about Tai Industries’ trading business?

Tai Industries’ purchases of stock-in-trade were Rs 80.06 crore in the September 2026 quarter, up from Rs 27.03 crore in the September 2025 quarter. The company states that it is primarily engaged in the trading of goods and is managed organisationally as a single unit, so it has reported one operating segment rather than separate product or geographic segments.

Inventory changes reduced expenses by Rs 1.37 crore in the latest quarter, whereas they added Rs 35.73 lakh to expenses in the prior-year quarter. Employee benefits expense was Rs 1.16 crore, compared with Rs 56.90 lakh, while finance costs were Rs 5.48 lakh, versus Rs 4,000. Depreciation and amortisation expense was Rs 3.80 lakh, compared with Rs 5.47 lakh.

Other expenses were Rs 3.59 crore in the September 2026 quarter, compared with Rs 3.93 crore a year earlier. Total expenses rose to Rs 83.53 crore from Rs 31.93 crore, broadly reflecting the larger trading volume. The difference between total income of Rs 84.69 crore and total expenses of Rs 83.53 crore resulted in profit before tax of Rs 1.15 crore.

How did Tai Industries perform in the first half and manage cash?

Tai Industries reported first-half revenue from operations of Rs 118.23 crore for the half year ended 30 September 2026, compared with Rs 55.95 crore in the corresponding 2025 period. Net profit for the six months was Rs 52.54 lakh, up from Rs 35.41 lakh, while earnings per share were Rs 0.88 compared with Rs 0.59.

Total income for the half year was Rs 120.47 crore, including other income of Rs 2.25 crore, compared with Rs 57.98 crore and Rs 2.03 crore respectively a year earlier. Profit before tax was Rs 72.04 lakh, versus Rs 56.99 lakh. Purchases of stock-in-trade rose to Rs 114.16 crore from Rs 48.79 crore, while other expenses declined to Rs 6.19 crore from Rs 6.72 crore.

Operating cash flow was an outflow of Rs 10.67 crore for 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 before taxes was negative Rs 10.07 crore, against positive Rs 71.73 lakh a year earlier, and income taxes paid, net of refunds, were Rs 60.60 lakh.

The cash-flow statement records a Rs 2.94 crore increase in inventories and a Rs 5.94 crore increase in other current assets during the latest half year. It also records a Rs 3.03 crore decrease in trade receivables and a Rs 2.30 crore decrease in trade payables. Investing activities generated Rs 4.91 crore and financing activities generated Rs 4.15 crore, leaving cash and cash equivalents at Rs 85.23 lakh on 30 September 2026, compared with Rs 2.47 crore at the beginning 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. Total equity increased to Rs 29.54 crore from Rs 29.17 crore, while current liabilities rose to Rs 39.79 crore from Rs 38.08 crore. Equity share capital was unchanged at Rs 6 crore.

Conclusion

Tai Industries’ September-quarter results show a substantial increase in trading revenue, with revenue from operations reaching Rs 82.78 crore against Rs 30.57 crore a year earlier. The company reported Rs 95.75 lakh of net profit after a Rs 43.21 lakh loss in the June quarter, while first-half profit reached Rs 52.54 lakh despite the earlier quarterly loss.

The next results will show whether the September revenue level continues and whether working-capital movements change after the first-half operating cash outflow of Rs 10.67 crore. Tai Industries also states that deferred tax assets and liabilities will be computed at the financial year-end, leaving that accounting calculation to the year-end process.