Q1FY21 results: Time Technoplast records net loss of Rs 11.59 crore
Time Technoplast Limited announced its Q1FY21 results on Aug 29, 2020. The company reported consolidated net sales of Rs 475.2 crore in Q1FY21, which declined by 45.26 per cent YoY from Rs 868.14 crore in Q1FY20.
The company posted EBITDA of Rs 53.94 crore in Q1FY21 that decreased by 57.31 per cent YoY. For Q1FY20, it had posted EBITDA of Rs 126.35 crore. EBITDA margin as of Q1FY21 was at 11.35 per cent that declined by 3.2 per cent YoY. EBITDA margin for Q1FY20 was 14.55 per cent.
The consolidated net losss in Q1FY21 came in at Rs 11.59 crore, which declined by 125.96 per cent, as compared to Q1FY20, when it reported a profit of Rs 44.65 crore. The net profit margin in Q1FY21 came in at -2.44 per cent, which declined by 7.58 per cent YoY. The net profit margin for Q1FY20 was 5.14 per cent.
On Friday, share price of the company closed at Rs 44.85, down by 0.88 per cent.
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Particulars
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Q1FY21 (Rs in cr)
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Q1FY20 (Rs in cr)
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Per cent change
|
|
Net Profit(loss)
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(11.59)
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44.65
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-125.96
|
|
Net Revenue
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475.20
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868.14
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-45.26
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Operating Profit
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53.94
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126.35
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-57.31
|
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EBITDAM%
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11.35
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14.55
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-3.20
|
|
PATM%
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-2.44
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5.14
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-7.58
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