TIL Ltd 2023 Annual Report
Company: TIL Ltd
Sector: Manufacturing
Country: India
Year: 2023
Type: Annual Report
Pages: 228
The report describes a difficult FY2022-23 marked by production bottlenecks, supply-chain disruption, liquidity pressure and a consolidated loss before exceptional items of ₹ 94.72 Crs. Consolidated turnover was ₹ 50.53 Crs., while the company pursued Indocrest Defence Solutions Private Limited, part of Gainwell Group, as a strategic investor to support revival. The report also notes a continuing defence and infrastructure order book and employee strength of 653 as at 31st March 2023.
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