Material handling equipment company TIL Ltd posted a net profit of Rs 9.40 crore in the Q4 of 2014-15 against a net profit of Rs 22.54 crore in the corresponding quarter in the previous financial year.

It, however, reported a net loss of Rs 28.62 crore for the full year of 2014-15 against a net profit Rs 2.51 crore in 2013-14.

The TIL Board did not recommend any dividend for the year.

TIL stock closed at Rs 552.90, up 8 per cent, on the BSE on Friday.

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