Tamilnadu Petroproducts Ltd. announcesQ3FY20 results
Sales registered at INR 283.27crore; EBIDTAregisters year-on-year increase of9%
at INR 26.11crore.
- TPL won an Appreciation Award at ‘Occupational Health, Safety and Environment Awards 2018’, for its safety-first culture
10th February2020, Chennai / Mumbai:Tamilnadu Petroproducts Ltd. (TPL), a world-class heavy chemicals and Linear Alkyl Benzene (LAB) manufacturing arm of AM International – Singapore, announced its Q3FY20 results today.
Financials:
During Q3FY20, TPL clocked revenues of INR 283.27crore as compared to INR 304.69 crore in the same quarter last year. The company’s revenues for the 9-month period ended December’19 amounted to INR 969.81crorecompared to INR 918.16crore in the corresponding period of FY 18-19.
Standalone Quarterly Performance
| Particulars | Q3FY19 (in INR) | Q3FY18 (in INR) |
| Revenues | 283.27 crore | 304.69 crore |
| EBITDA | 26.11 crore | 23.92 crore |
| PAT | 13.17 crore | 14.13 crore |
| EPS | 1.46 | 1.57 |
The EBIDTA registered an increase of 9% to INR 26.11 croreduring the quarter as compared to INR23.92 crore in Q3FY19. PAT was at INR 13.17 crore asagainst INR 14.13 crorein Q3FY19, lower due to higher tax provision in the current quarter.
Highlights during the quarter:
TPL won ‘Occupational Health, Safety and Environment Awards 2018’,from National Safety Council – Tamilnadu Chapter, highlighting TPL’s commitment to safety and eco-consciousness, is a new feather in TPL’s cap.
Leadership Comment:
Mr. AshwinMuthiah, Vice Chairman – TPL &Founding Chairman, AM International Group, Singapore:
“Despite the macroeconomic headwinds, TPL has delivered a stable performance. I attribute this solidity to our relentless focus on customer centricity, operational excellence and innovation. These factorswillhelp us strengthen our efforts in theupcoming quarters. Further, I would like to congratulate the team on the recognition from the National Safety Council. The Occupational Health, Safety and Environment Appreciation Awarddemonstratesour commitment to a ‘Safety First’ culture across all ourmanufacturing facilities.”
About Tamilnadu Petroproducts Ltdhttps://tnpetro.com/
Tamilnadu Petroproducts Limited (TPL), was born in the year 1984 with the objective of setting up a world class Linear Alkyl Benzene (LAB) manufacturing facility. TPL grew in strength by thinking differently, laying down a fundamental platform for financial strength and responding to customer requirements with innovative products and services. The company’s strong emphasis on continuous upgradation of technology to match the state of art has been the prime reason for its success in realizing its full potential and its confident march into the competitive future.
TPL’s excellent track record and its achievements in a short time frame stand out distinctly, propelled by continuous upgradation of technology, nurturing talent and focussing on utmost customer satisfaction.
