Time Technoplast announced the establishment of a state-of-the-art production facility in the MODON Industrial Area, Saudi Arabia through it`s subsidiary company Gulf Powerbeat, KSA. This advanced plant will specialise in producing 1,000 litres Intermediate Bulk Containers (IBCs) and plastic drums, incorporating cutting-edge automation technology to deliver exceptional quality and operational efficiency.Set to commence operations by Q2 2025, this facility highlights our dedication to providing innovative and localised industrial packaging solutions for customers in Saudi Arabia, and also cater to Kuwait and Qatar. By manufacturing within the region, we aim to enhance our responsiveness and reaffirm our commitment to customer satisfaction, the company said. Powered by Capital Market - Live News

Time Technoplast has received an approval from the Nodal Agency, Petroleum and Explosives Safety Organization (PESO) for the manufacture and supply of high pressure Type -3 fully wrapped fibre reinforced composite cylinders (6.8 liters). These high-pressure cylinders will find usage for storing hydrogen to power fuel cell driven unmanned aerial vehicles and drone applications. This is a significant milestone making Time Technoplast � the first company in India to receive such an Approval for Manufacture of Type-3 fully wrapped fibre reinforced composite cylinders for hydrogen powered fuel cell, unmanned aerial vehicles (UAV`S) & drones. The company is involved in developing additional sizes for the same application. Powered by Capital Market - Live News

Net profit of Time Technoplast rose 39.72% to Rs 98.36 crore in the quarter ended September 2024 as against Rs 70.40 crore during the previous quarter ended September 2023. Sales rose 14.76% to Rs 1370.52 crore in the quarter ended September 2024 as against Rs 1194.21 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1370.521194.21 15 OPM %14.3213.97 - PBDT174.34141.66 23 PBT132.5795.90 38 NP98.3670.40 40 Powered by Capital Market - Live News

Time Technoplast will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live News

Time Technoplast will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News