Time Technoplast Ltd. Announces Audited Standalone and Consolidated Cash Flow Results for the Full Year Ended March 31, 2017
October 06, 2017 at 06:38 am EDT
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Time Technoplast Ltd. announced audited standalone and consolidated cash flow results for the full year ended March 31, 2017. For the full year, on standalone basis, the company announced net cash from operating activities of INR 719.862 million compared to INR 1,003.660 million for the same period a year ago. Purchase of fixed assets was INR 1,772.723 million compared to INR 1,231.811 million for the same period a year ago.
For the full year, on consolidated basis, the company announced net cash from operating activities of INR 1,879.782 million compared to INR 2,886.026 million for the same period a year ago. Purchase of fixed assets was INR 2,123.552 million compared to INR 1,699.153 million for the same period 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 
