Time Technoplast Ltd's Q3FY25 Quarterly Results

Result Summary

• Time Technoplast Ltd reported a 1.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.7%.
• Its expenses for the quarter were up by 1.1% QoQ and 4.3% YoY.
• The net profit increased 2.6% QoQ and increased 10.0% YoY.
• The earnings per share (EPS) of Time Technoplast Ltd stood at 4.4 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Time Technoplast Ltd is a prominent player in the manufacturing industry, primarily focusing on polymer-based products. The company offers a diversified range of solutions including industrial packaging products, lifestyle products, automotive components, healthcare products, infrastructure-related products, and composite cylinders. Time Technoplast Ltd operates across multiple regions, catering to both domestic and international markets. The company has been making strides towards innovation and sustainability in its product offerings, although specific recent developments are not detailed here.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Time Technoplast Ltd reported a total income of ₹1389.33 crores. This marks an increase of 1.3% quarter-over-quarter (QoQ) from ₹1371.45 crores in Q2FY25 and a 4.7% year-over-year (YoY) increase from ₹1326.55 crores in Q3FY24. The consistent growth in revenue over these periods suggests a steady performance in revenue generation, reflecting the company's ability to sustain and possibly expand its business operations effectively.

Profitability

The company's Profit Before Tax (PBT) for Q3FY25 stood at ₹136.79 crores, showing a growth of 3.2% QoQ from ₹132.57 crores in Q2FY25 and an 8.7% increase YoY from ₹125.83 crores in Q3FY24. After accounting for taxes, the Profit After Tax (PAT) was ₹102.38 crores in Q3FY25, which represents a 2.6% increase QoQ from ₹99.79 crores and a 10.0% rise YoY from ₹93.11 crores. Earnings per share also saw a growth to ₹4.40, up from ₹4.30 in the previous quarter and ₹4.00 in the same quarter of the last fiscal year, indicating improved profitability on a per-share basis.

Operating Metrics

The total expenses for Time Technoplast Ltd in Q3FY25 were ₹1252.54 crores, showing a slight increase of 1.1% QoQ from ₹1238.88 crores in Q2FY25 and a 4.3% increase YoY from ₹1200.72 crores in Q3FY24. The tax expense for the quarter was ₹34.41 crores, which increased by 5.0% from ₹32.78 crores in the previous quarter and by 5.2% from ₹32.72 crores in the same quarter last year. These expenses reflect the company's ongoing operational and financial commitments. The overall balance between income and expenses has resulted in stable financial performance metrics.