TSL says its revenue grew by 72 percent and 69 percent in inflation adjusted and historical terms respectively for the quarter ended January 31, 2022.
In a trading update released Friday, the company said its revenues during the period were mainly from supply of agro-inputs, provision of logistics services and real estate services primarily to the agriculture industry.
“Preservation of shareholder value continues to be a key priority. The Group started executing strategic initiatives which will be partly funded from borrowings. Gearing for the quarter remained low with satisfactory interest cover,” TSL said.