Total Transport Systems Q2 FY27: revenue up 73.6% to ₹284 Cr, net profit up 195.8% to ₹7 Cr
Results · Finvezto · 5 Nov 2026 · Total Transport Systems (TOTAL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 284 | +46.6% | +73.6% |
| Operating profit | 10 | +60.0% | +116.7% |
| Net profit | 7 | +73.2% | +195.8% |
| Operating margin | 3.7% | +0.3 pp | +0.7 pp |
| Net margin | 2.5% | +0.4 pp | +1.0 pp |
Key points
- Total Transport Systems Limited reported consolidated revenue of Rs 283.9 crore for Q2 FY27, up 73.7% from Rs 163.5 crore in Q2 FY26, with EBITDA rising to Rs 10.4 crore from Rs 4.8 crore and net profit increasing to Rs 7.1 crore from Rs 2.4 crore. NSE filing
- Topline growth was driven by the addition of new clients, expansion of last-mile delivery operations, and increased business volumes in air cargo. NSE filing
- In Q2 FY27, consolidated revenue from operations grew 73.7% year-on-year to ₹283.9 crores, while EBITDA increased 2.2x to ₹10.4 crores with an EBITDA margin of 3.7%. Earnings call
- Profit after tax for Q2 FY27 grew 3.3x year-on-year to ₹7.1 crores, and PAT margin expanded to 2.5% compared to 1.4% in the corresponding quarter last year. Earnings call
What to watch
- Management on freight rate outlook: I personally do not think so that the freight rates will come down for the next two quarters at least.
- Management on ebitda margin sustainability: See, if the freight levels remain the same, we will be able to maintain the EBITDA margins, which we have done in this quarter, which are one of the best as of date.
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 2.9%, 0.8%, 3.4%, 3.7%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 2, 0, 4, 7.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.