Total Transport Systems Reports Strong 4x YoY EBITDA Growth in Q2 FY26, PAT at ₹2.4 Cr
Total Transport Systems reported Q2 FY26 consolidated revenue of ₹163.5 Cr, with EBITDA up 4x YoY to ₹4.8 Cr and PAT at ₹2.4 Cr, driven by efficiency and volume growth.
While the YoY growth in EBITDA and PAT is substantial, the revenue decline both YoY for Q2 and H1 FY26 indicates challenges in top-line growth. The strong improvement in profitability suggests operational efficiency, leading to a medium positive impact.
The company reported significant YoY growth in EBITDA (4.0x) and PAT (turning positive from a loss) for Q2 FY26, and strong H1 FY26 profitability. Management commentary is positive, highlighting improved efficiency and volume growth.
* Total Transport Systems Limited reported its unaudited consolidated financial results for Q2 & H1 FY26, which ended on 30th September 2025. * For Q2 FY26: * Revenue stood at ₹163.5 Cr, a 10.9% QoQ growth, but a 13.0% YoY decline compared to ₹187.9 Cr in Q2 FY25. * EBITDA rose to ₹4.8 Cr, showing 10.5% QoQ growth and a 4.0x increase YoY from ₹1.19 Cr. EBITDA margin improved to 2.9% from 0.6% in Q2 FY25. * PAT came in at ₹2.4 Cr, down 19.8% QoQ, but turned positive YoY compared to a ₹0.2 Cr loss in Q2 FY25. * For H1 FY26: * Revenue was ₹310.9 Cr, a 6.9% decline YoY against ₹334.0 Cr in H1 FY25. * EBITDA stood at ₹9.2 Cr, 2.6x higher YoY, with margins expanding 218 bps to 2.9%. * PAT was ₹5.3 Cr, sharply higher YoY compared to ₹0.01 Cr, with margin improving 170 bps YoY to 1.7%. * Mr. Makarand Pradhan, Promoter and MD of Total Transport Systems Limited, commented that Q2 marked a period of steady advancement driven by strong discipline and targeted business initiatives. He noted solid volume growth in freight-forwarding and air-freight divisions, reflecting customer trust. He expressed confidence in sustaining growth through service enhancement, agility, and capturing opportunities across key business verticals.
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