Time Technoplast Ltd Share Price – NSE /  BSE

Plastic products, Small Cap

Time Technoplast has received a letter of acceptance for supply of Type IV CNG/CBG Mobile Storage Cascades for a total basic value of Rs 67.21 crores (Approx) from a reputed Government owned OMC.

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The order includes supply of product, type IV CNG and CBG mobile storage cascades. The said order is worth Rs 67.21 crore and is expected to be completed within 10 weeks from the date of purchase order.

Time Technoplast is engaged in manufacturing of polymer & composite products. The company offers a range of technology based polymer products catering to the growing sectors of the Indian economy with industrial and consumer packaging solutions, lifestyle products, auto components, healthcare products and construction and Infrastructure related products. Their product portfolio consists of packaging products including drums and containers, pails, pet sheets, entrance matting, turfs, garden furniture, automotive components, auto disabling medical disposables and warning nets.

The company’s consolidated net profit jumped 41.4% to Rs 79.31 crore on 14% increase in revenue from operations to Rs 1,230.05 in Q1 FY25 over Q1 FY24.

Shares of Time Technoplast fell 0.89% to currently trade at Rs 401.65 on the BSE.

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Time Technoplast announced that the 34th Annual General Meeting (AGM) of the company will be held on 27 September 2024.

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Net profit of Time Technoplast rose 41.40% to Rs 79.31 crore in the quarter ended June 2024 as against Rs 56.09 crore during the previous quarter ended June 2023. Sales rose 13.97% to Rs 1230.05 crore in the quarter ended June 2024 as against Rs 1079.32 crore during the previous quarter ended June 2023.

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