Time Technoplast approves Q2 FY27 unaudited results, reappoints MD

Time Technoplast Limited has announced the outcome of its Board Meeting held on November 05, 2026. The Board considered and approved the unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2026. Additionally, the directors approved the re-appointment of Mr. Bharat Kumar Vageria as Managing Director for a period of five years, effective February 06, 2027, subject to member approval.

Financial Results Approved

Time Technoplast Limited announced that its Board of Directors, in a meeting held on November 05, 2026, has approved the unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2026. The Board also reviewed the Limited Review Report for the same period, issued by the Joint Statutory Auditors M/s. K.P.M.R & Co. and M/s. Raman S. Shah & Co.

Managing Director Re-appointment

Further, the Board considered and approved the re-appointment of Mr. Bharat Kumar Vageria (DIN: 00183629), Promoter and Co-Founder, as the Managing Director of the Company. This re-appointment is for a period of five years, commencing from February 06, 2027, and is subject to the approval of the company’s members. The company confirmed that Mr. Vageria is not debarred from holding such office by any SEBI order or other authority.

Postal Ballot and Scrutinizer Appointment

The Board also approved the Notice of Postal Ballot for seeking member approval for Mr. Bharat Kumar Vageria’s re-appointment. Concurrently, Mr. Arun Dash, Practicing Company Secretary, was appointed as the scrutinizer for the Postal Ballot and e-voting process to ensure fairness and transparency.

Financial Highlights (Consolidated)

For the half-year ended September 30, 2026, Time Technoplast reported a Total Income of ₹3,68,990 Lakhs. The Profit Before Tax stood at ₹35,526 Lakhs, and the Net Profit After Tax was ₹26,617 Lakhs. The Total Comprehensive Income was ₹26,762 Lakhs.

For the quarter ended September 30, 2026, the consolidated Total Income was ₹1,99,610 Lakhs, with a Profit Before Tax of ₹19,769 Lakhs and a Net Profit After Tax of ₹14,831 Lakhs. The Total Comprehensive Income for the quarter was ₹14,976 Lakhs.

Financial Highlights (Standalone)

On a standalone basis for the half-year ended September 30, 2026, the company’s Total Income was ₹1,87,708 Lakhs. The Profit Before Tax was ₹16,882 Lakhs, and the Profit After Tax amounted to ₹12,533 Lakhs. The Total Comprehensive Income stood at ₹12,533 Lakhs.

For the quarter ended September 30, 2026, standalone Total Income was ₹1,01,025 Lakhs, with Profit Before Tax at ₹9,383 Lakhs and Profit After Tax at ₹6,916 Lakhs. The standalone Total Comprehensive Income for the quarter was also ₹6,916 Lakhs.

Source: BSE

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