Time Technoplast follows bonus issue with 20% Q1 profit surge

Time Technoplast reported total income rose 10% to ₹13,536m in Q1 FY26, while profit after tax jumped 20% to ₹951m. EBITDA grew 12% to ₹1,958m with margins improving to 14.5%.

Value-added products drove growth, increasing 15% year-on-year. The company reduced total debt by ₹374m and generated ₹1,160m in operating cash flow.

The board approved a 1:1 bonus share issuance and signed an MoU for hydrogen-powered drone development. Time Technoplast targets 20% return on capital employed for FY26, up from 18.1% achieved in FY25.