TIL (TIL)
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Tilaknagar Industries Q2 profit falls 57.7% to ₹22 crore
Homegrown spirits maker Tilaknagar Industries Ltd (TIL) on Friday reported a 57.7 per cent decline in consolidated net profit to ₹22.26 crore for the September quarter of FY27, mainly due to exceptional expenses related to integrating its Imperial Blue business. The company had reported a net profit of ₹52.67 crore in the July-September period a year ago, according to a regulatory filing from Tilaknagar Industries Ltd (TIL) on Friday.
Singularity Fund backs smallcap stock
According to data from Trendlyne, the fund purchased 5.27 lakh shares of the company at an average price of Rs 223.72 apiece, taking the total transaction value to Rs 11.78 crore. Notably, the deal was executed at a price nearly 15% lower than TIL’s closing price of Rs 262.48 apiece on Wednesday. TIL saw a number of block deals yesterday.
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