Time Technoplast Limited Announces Audited Standalone and Consolidated Earnings Results for Fourth Quarter and Full Year Ended March 31, 2018
May 24, 2018 at 09:07 am EDT
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Time Technoplast Limited announced audited standalone and consolidated earnings results for fourth quarter and full year ended March 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations was INR 9,426.963 million against INR 8,100.727 million a year ago. Profit before exceptional items & tax was INR 837.214 million against profit before exceptional items & tax of INR 598.741 million a year ago. Profit before tax was INR 837.214 million against profit before tax of INR 598.741 million a year ago. Net profit after tax was INR 570.578 million against net profit of INR 437.675 million a year ago. Basic and diluted per share was INR 2.45 against basic and diluted per share of INR 2.02 a year ago.
For the full year, on consolidated basis, the company reported revenue from operations was INR 31,027.422 million against INR 27,546.12 million a year ago. Profit before exceptional items & tax was INR 2,504.349 million against profit before exceptional items & tax of INR 2,008.533 million a year ago. Profit before tax was INR 2,504.349 million against profit before tax of INR 2,008.533 million a year ago. Net profit was INR 1,852.76 million against net profit of INR 1,514.437 million a year ago. Basic and diluted per share was INR 7.98 against basic and diluted per share of INR 6.9 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations was INR 5,504.582 million against revenue from operations of INR 4,910.001 million a year ago. Profit before exceptional items & tax was INR 551.796 million against profit before exceptional items & tax of INR 448.729 million a year ago. Profit before tax was INR 551.796 million against profit before tax of INR 448.729 million a year ago. Net profit was INR 401.845 million against net profit of INR 345.527 million a year ago. Basic and diluted per share was INR 1.78 against basic and diluted per share of INR 1.62 a year ago.
For the full year, on standalone basis, the company reported revenue from operations was INR 18,076.883 million against revenue from operations of INR 15,961.437 million a year ago. Profit before exceptional items & tax was INR 1,535.824 million against profit before exceptional items & tax of INR 1,269.437 million a year ago. Profit before tax was INR 1,535.824 million against profit before tax of INR 1,269.437 million a year ago. Net profit was INR 1,132.923 million against net profit of INR 948.975 million a year ago. Basic and diluted per share was INR 5.02 against basic and diluted per share of INR 4.45 a year ago.
Time Technoplast Limited is an India-based company, which operates a multinational conglomerate and manufacturers technology-based polymer and composite products. The Company manufactures large-sized plastic drums, composite cylinders, and intermediate bulk containers. The Company's segments include Polymer Products and composite Products. It has manufacturing facilities at approximately 30 locations across the globe (including 20 within India). Its portfolio consists of technology-driven products catering to growing industry segments, such as industrial packaging solutions, lifestyle products, material handling solutions, composite cylinders, infrastructure/ construction related products, and automotive components. It offers industrial packaging products, including polymer drums/barrels, jerry cans and pails for varied packaging requirements. It uses technologies of polymer processing, such as blow molding, injection molding and extrusion molding to produce a range of products.
TIME TECHNOPLAST LIMITED 
