Total Transport Systems Appoints N M K & Co. LLP as Internal Auditor; Q3 FY26 Results Declared
Total Transport Systems appointed N M K & Co. LLP as Internal Auditor for FY27-28. The company reported a consolidated net profit of ₹229.19 lakhs for Q3 FY26, down from ₹299.33 lakhs YoY. Standalone net profit was ₹189.73 lakhs, down from ₹328.54 lakhs YoY. Revenue from operations decreased on both consolidated and standalone bases.
The appointment of an internal auditor is a standard corporate governance practice and has a low direct impact. However, the decline in quarterly financial results, particularly the profit and revenue, warrants a medium impact assessment as it affects investor perception and company valuation.
The appointment of an internal auditor is a routine corporate action. While the financial results show a year-on-year decline in profit and revenue for both consolidated and standalone figures, the company continues to operate and generate profits, hence the sentiment is neutral.
Total Transport Systems Limited announced the appointment of M/s. N M K & Co. LLP Chartered Accountants as the Internal Auditor for the financial years 2026-2027 and 2027-2028. This appointment is effective from April 01, 2026.
The company's Board of Directors, in a meeting held on February 05, 2026, also approved the Un-Audited Financial Results for the quarter ended December 31, 2025, on both standalone and consolidated bases.
For the quarter ended December 31, 2025, Total Transport Systems Limited reported a consolidated net profit of ₹229.19 lakhs, a decrease from ₹299.33 lakhs in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹15,599.39 lakhs, down from ₹17,501.85 lakhs year-on-year.
On a standalone basis, the net profit for the quarter ended December 31, 2025, was ₹189.73 lakhs, a decrease from ₹328.54 lakhs in the corresponding quarter of the prior year. Standalone revenue from operations for the quarter was ₹12,383.44 lakhs, compared to ₹14,509.90 lakhs in the same period last year.
In line with SEBI regulations, the trading window for dealing in the company's shares was closed from January 01, 2026, and will remain closed until 48 hours after the declaration of the financial results.
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Total Transport Systems Limited filed this with the NSE as a statutory disclosure, categorised under board meeting. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Total Transport Systems Limited. Read the original for the full detail.