Net profit of Time Technoplast rose 49.55% to Rs 91.60 crore in the quarter ended December 2023 as against Rs 61.25 crore during the previous quarter ended December 2022. Sales rose 17.37% to Rs 1324.65 crore in the quarter ended December 2023 as against Rs 1128.61 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales1324.651128.61 17 OPM %14.3913.37 - PBDT167.57127.49 31 PBT125.8384.30 49 NP91.6061.25 50 Powered by Capital Market - Live News

Time Technoplast will hold a meeting of the Board of Directors of the Company on 12 February 2024.Powered by Capital Market - Live News

Time Technoplast has signed an MOU for selling the land & building located in Southern India, along with electrical installation & fixed equipments for a total consideration of Rs. 26.5 crore. This transaction is estimated to be completed before the end of current financial year, after compliance with local authorities. The Company had decided to liquidate all non-core assets by the end of FY 2025, considering the current business plan, and identified certain movable (plant & machinery, moulds, equipment etc.) and immovable (land and building) assets which are currently not in use and not useable in near future. The estimated total realizable value from all these assets put together is around Rs.125 crore (appx).Powered by Capital Market - Live News

Net profit of Time Technoplast rose 41.28% to Rs 70.40 crore in the quarter ended September 2023 as against Rs 49.83 crore during the previous quarter ended September 2022. Sales rose 16.62% to Rs 1194.21 crore in the quarter ended September 2023 as against Rs 1023.99 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales1194.211023.99 17 OPM %13.9713.03 - PBDT141.66109.84 29 PBT95.9068.15 41 NP70.4049.83 41 Powered by Capital Market - Live News

Time Technoplast announced that the 33th Annual General Meeting (AGM) of the company will be held on 26 September 2023.Powered by Capital Market - Live News