Time Technoplast Limited Announces Consolidated and Standalone Unaudited Earnings Results for the June 30, 2018
August 06, 2018 at 09:01 am EDT
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Time Technoplast Limited announced consolidated and standalone unaudited earnings results for the June 30, 2018. For the quarter, on standalone basis, the company reported total Income from operations of INR 4,502.199 million as compared to INR 3,783.785 million a year ago. Net profit from ordinary activities after tax was INR 244.398 million as compared to INR 151.741 million a year ago. Diluted and basic Earnings Per Share were INR 1.08 as compared to INR 0.80 a year ago.
For the quarter, on consolidated basis, the company reported total Income from operations of INR 7,814.721 million as compared to INR 6,805.683 million a year ago. Net profit from ordinary activities after tax was INR 432.957 million as compared to INR 363.117 million a year ago. Diluted and basic Earnings Per Share were INR 1.91 as compared to INR 1.61 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 
