Time Technoplast Limited has informed the Exchange regarding Appointment of Mr Darshan Vora, proprietor of Darshan Vora & Co. as Cost Auditor of the company for the audit of the cost records for the financial year 2026-2027, subject to ratification of remuneration at the ensuing Annual General Meeting.
TIMETECHNO · price
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Time Technoplast Limited reported strong FY2026 results with consolidated revenue from operations at Rs 6,10,520 lakhs, up 11.9% from Rs 5,45,704 lakhs in FY2025. Consolidated Net Profit After Tax grew 20.8% to Rs 47,661 lakhs versus Rs 39,445 lakhs. Standalone PAT increased 44.3% to Rs 17,433 lakhs from Rs 12,084 lakhs. The Board recommended a final dividend of Rs 1.50 per share (150% on face value of Rs 1). Joint Statutory Auditors issued an Unmodified Opinion on both consolidated and standalone financial results. The company completed a 1:1 bonus issue during the year and raised Rs 800 crore via Qualified Institutions Placement (QIP). Cost Auditor M/s Darshan Vora & Co. has been re-appointed for FY2026-27.
Positive signals for shareholders with double-digit revenue growth and strong profit expansion. Unmodified auditor opinion indicates clean financials. Conservative debt-equity ratio of 0.16x (consolidated) provides financial flexibility. QIP proceeds being deployed for debt repayment and capex support future growth.