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Share the post "Time Technoplast ‘s Q3 2024-25 Latest News: Profit Grows by 9.96% YoY"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 4.76 % in the past year, substantial increase in net sales/revenue by 1.26 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -16.32 %, Marginal increase in other income during this quarter, up by 70.97%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Time Technoplast Limited. Notable increase of 9.96 % in net profit Year to Year, Time Technoplast Limited’s profitability increased by 2.6 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 9.63 % Year to Year. EPS increased by 2.54 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1324.65 Cr | Rs. 1370.52 Cr | Rs. 1387.74 Cr | + 1.26 % | + 4.76 % |
| Expenses | Rs. 1134.08 Cr | Rs. 1174.29 Cr | Rs. 1187.09 Cr | + 1.09 % | + 4.67 % |
| Operating Profit | Rs. 190.57 Cr | Rs. 196.23 Cr | Rs. 200.65 Cr | + 2.25 % | + 5.29 % |
| OPM % | 14.39 % | 14.32 % | 14.46 % | + 0.14 % | + 0.07 % |
| Other Income | Rs. 1.9 Cr | Rs. 0.93 Cr | Rs. 1.59 Cr | + 70.97 % | -16.32 % |
| Interest | Rs. 24.9 Cr | Rs. 22.82 Cr | Rs. 22.46 Cr | -1.58 % | -9.8 % |
| Depreciation | Rs. 41.74 Cr | Rs. 41.77 Cr | Rs. 42.99 Cr | + 2.92 % | + 2.99 % |
| Profit before tax | Rs. 125.83 Cr | Rs. 132.57 Cr | Rs. 136.79 Cr | + 3.18 % | + 8.71 % |
| Tax % | 26 % | 24.73 % | 25.16 % | + 0.43 % | -0.84 % |
| Net Profit | Rs. 93.11 Cr | Rs. 99.79 Cr | Rs. 102.38 Cr | + 2.6 % | + 9.96 % |
| EPS in Rs | Rs. 4.04 | Rs. 4.33 | Rs. 4.44 | + 2.54 % | + 9.9 % |
Today, we’re looking at Time Technoplast Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 4.76 %. However, it did see a marginal increase of 1.26 % from the previous quarter. Expenses ticked up slightly by 1.09 % quarter-on-quarter, aligning with the annual rise of 4.67 %. Operating profit, while up 5.29 % compared to last year, faced a quarter-on-quarter increase of 2.25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.07 %, but an expansion of 0.14 % sequentially. Other income rose by 70.97 % compared to the last quarter, despite an annual decline of -16.32 %. Interest expenses dropped significantly by -1.58 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.8 %. Depreciation costs climbed by 2.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.99 %. Profit before tax grew annually by 8.71 % but saw an increase from the preceding quarter by 3.18 %.
Tax expenses as a percentage of profits decreased slightly by -0.84 % compared to last year, with a more notable quarter-on-quarter increase of 0.43 %. Net profit rose by 9.96 % year-on-year but experienced a 2.6 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 9.9 % but a quarterly rise of 2.54 %. In summary, Time Technoplast Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1324.65 Cr | Rs. 1370.52 Cr | Rs. 1387.74 Cr | + 1.26 % | + 4.76 % |
| Expenses | Rs. 1134.08 Cr | Rs. 1174.29 Cr | Rs. 1187.09 Cr | + 1.09 % | + 4.67 % |
| Operating Profit | Rs. 190.57 Cr | Rs. 196.23 Cr | Rs. 200.65 Cr | + 2.25 % | + 5.29 % |
| Net Profit | Rs. 93.11 Cr | Rs. 99.79 Cr | Rs. 102.38 Cr | + 2.6 % | + 9.96 % |
| EPS in Rs | Rs. 4.04 | Rs. 4.33 | Rs. 4.44 | + 2.54 % | + 9.9 % |
In reviewing Time Technoplast Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.76 % year-on-year growth, however, there was a minor increase of 1.26 % from the previous quarter. Expenses rose by 4.67 % compared to the previous year, with a 1.09 % increase quarter-on-quarter. Operating Profit surged by 5.29 % annually, and saw a 2.25 % increase from the last quarter.
Net Profit showed yearly increase of 9.96 %, and experienced a 2.6 % increase from the previous quarter. Earnings Per Share (EPS) rose by 9.9 % annually, however rose by 2.54 % compared to the last quarter. In essence, while Time Technoplast Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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