Q3FY17 Results: Time Technoplast

Bhagyashree Vivarekar / 13 Feb 2017

Q3FY17 Results: Time Technoplast

In terms of the bottom-line, the company reported a PAT figure of Rs 37.9 crore which represents a sequential QoQ increase of 3.27 per cent and a YoY increase of 31.14 per cent.

Time Technoplast Ltd. reported its consolidated results for the quarter-ended December 31, 2016 on February 11, 2017. 

The company's sales for this quarter, Q3FY17, came in at Rs 671 crore. This represents a 2.66 per cent sequential increase and 17.86 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs 73 crore and the EBIT margin stood at 10.88 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs 37.9 crore which represents a sequential QoQ increase of 3.27 per cent and a YoY increase of 31.14 per cent.

Time Technoplast Ltd. is a polymer product company with business interest in manufacturing and marketing of polymer-based products. The company's portfolio products consist of industrial packaging solutions, lifestyle products, automotive components, healthcare products, infrastructure and construction-related products, material handling solutions and composite cylinders.

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