TIMETECHNO2024-07-012024-09-30 TIMETECHNO2024-07-012024-09-30 TIMETECHNO2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member TIMETECHNO2024-09-30 TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member TIMETECHNO2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member TIMETECHNO2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TIMETECHNO2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TIMETECHNO2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member TIMETECHNO2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532856 TIMETECHNO NOTLISTED Time Technoplast Limited Equity 2024-04-01 2025-03-31 2024-11-11 2024-10-31 INR Lakhs Half yearly 15:00:00 19:40:00 2024-11-11 2024-11-11 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 13705200000.00 9300000.00 13714500000.00 9986500000.00 0.00 -146300000.00 652000000.00 228200000.00 417700000.00 1250700000.00 12388800000.00 1325700000.00 0.00 1325700000.00 327800000.00 0.00 327800000.00 0.00 997900000.00 0.00 0.00 0.00 0.00 997900000.00 -10300000.00 987600000.00 983600000.00 14300000.00 973300000.00 14300000.00 226900000.00 1 4.33 4.33 0.00 0.00 4.33 4.33 0.00 0.04 0.09 1. The above results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 11th November, 2024. The financial results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (“Ind AS”) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. 2. Additional Consolidated Information pursuant to Regulation 52(4) of Securities and Exchange Board of India (listing Obligations and Disclosure Requirements) Regulations, 2015, as amended as at and for the quarter/half year ended September 30, 2024 are disclosed in the notes to financial results. 3. NED Energy Limited is the Subsidiary of Time Technoplast Limited and the Board of Directors of NED Energy Limited (“NED”) (“the Transferor Company” – Holding Company of PBBPL) and Power Build Batteries Private Limited (“PBBPL”) (“the Transferee Company” – the Wholly Owned Subsidiary of NED Energy Limited) at their meeting held on November 08, 2024, have considered and approved the Scheme of Amalgamation under the provisions of Sections 230 to 233 and other applicable provisions of the Companies Act, 2013 (“Act”) and the rules made thereunder. Both Companies are operating in similar line of business that can be conveniently combined for following benefits: a. Better efficiency; b. Effective utilization of resources; c. Improved profitability and scale of operations and margins. d. Savings in the operational cost. 4. The Board of Directors reviewed the status of the disinvestment process regarding the sale of a 50% stake in the UAE business to a financial investor. After thorough discussion, which included an evaluation of the current situation in the Middle East, the Company’s strategic goal of becoming debt-free through its growth plan (targeting around 15% p.a.) and the ongoing Qualified Institutional Placement (QIP) (as detailed in Note No. 4), the Board decided not to proceed with the sale of the business. 5. In the Konkan region of Maharashtra, TPL Plastech Limited (75%), Subsidiary of Company is setting up Greenfield manufacturing project for Industrial Packaging products i.e. Intermediate Bulk Containers (IBC), Plastic Drums & Jerry Cans. This unit will cater to the existing & growing Agro chemical and allied demand in addition to the emerging market arising due to setting up of new projects on Solar/PV Chemicals, fruit and juice industry, semi-conductor chemicals and Ethyl Natural Alcohol units. Other than offering the latest developments in Packaging, the Company will have cost advantage for servicing in surrounding areas considering the voluminous product. The Company has already received land allotment from the Government authorities on a long-term lease basis & estimating to complete this project in FY 2025-26. 6. The Company’s Board has approved the consolidation of its product portfolio and manufacturing units in India & overseas, including the addition of new locations, Brownfield expansion, to better align with market demand while optimizing costs. 7. Management has identified non-core assets for disposal with a target realization value of Rs. 125 Crores (approx.). As of September 2024, the Company has successfully realized Rs. 65 Crores, and efforts are ongoing to achieve the remaining Rs. 60 Crores within the next 12 months. 8. The previous period’s figures have been re-grouped/re-classified wherever considered necessary. 9. The results are available on the Bombay Stock Exchange website (URL: www.bseindia.com), the National Stock Exchange website (URL: www.nseindia.com) and on the Company’s website (URL: www.timetechnoplast.com). 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