{"id":18111,"date":"2020-02-10T14:45:05","date_gmt":"2020-02-10T14:45:05","guid":{"rendered":"http:\/\/faceinews.com\/?p=18111"},"modified":"2020-02-10T14:45:05","modified_gmt":"2020-02-10T14:45:05","slug":"tamilnadu-petroproducts-ltd-announces-q3fy20-results","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=18111","title":{"rendered":"Tamilnadu Petroproducts Ltd. announces Q3FY20 results"},"content":{"rendered":"<p style=\"font-weight: 400;\"><strong>Tamilnadu Petroproducts Ltd.\u00a0announces Q3FY20 results<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>\u00a0<a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>Sales registered at INR 283.27crore; EBIDTA registers year-on-year increase of9%<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>at INR 26.11crore.<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>\u00a0<\/strong><\/p>\n<ul>\n<li style=\"font-weight: 400;\">TPL won an Appreciation Award at \u2018Occupational Health, Safety and Environment Awards 2018\u2019, for its safety-first culture<\/li>\n<\/ul>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\"><strong>10<sup>th<\/sup>\u00a0February2020, Chennai \/ Mumbai:\u00a0<\/strong>Tamilnadu Petroproducts Ltd. (TPL), a world-class heavy chemicals and Linear Alkyl Benzene (LAB) manufacturing arm of\u00a0AM International &#8211; Singapore, announced its Q3FY20 results today.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\"><strong>Financials:<\/strong><\/p>\n<p style=\"font-weight: 400;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"font-weight: 400;\">During Q3FY20, TPL clocked revenues of INR 283.27crore as compared to INR 304.69 crore in the same quarter last year. The company\u2019s revenues for the 9-month period ended December\u201919 amounted to INR 969.81crorecompared to INR 918.16crore in the corresponding period of FY 18-19.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\"><u>Standalone Quarterly Performance<\/u><\/p>\n<table style=\"font-weight: 400;\" width=\"458\">\n<tbody>\n<tr>\n<td width=\"164\"><strong>Particulars<\/strong><\/td>\n<td width=\"147\"><strong>Q3FY19 (in INR)<\/strong><\/td>\n<td width=\"147\"><strong>Q3FY18 (in INR)<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"164\">Revenues<\/td>\n<td width=\"147\">283.27\u00a0crore<\/td>\n<td width=\"147\">304.69\u00a0crore<\/td>\n<\/tr>\n<tr>\n<td width=\"164\">EBITDA<\/td>\n<td width=\"147\">26.11\u00a0crore<\/td>\n<td width=\"147\">23.92\u00a0crore<\/td>\n<\/tr>\n<tr>\n<td width=\"164\">PAT<\/td>\n<td width=\"147\">13.17\u00a0crore<\/td>\n<td width=\"147\">14.13\u00a0crore<\/td>\n<\/tr>\n<tr>\n<td width=\"164\">EPS<\/td>\n<td width=\"147\">1.46<\/td>\n<td width=\"147\">1.57<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"font-weight: 400;\"><strong>\u00a0<\/strong><\/p>\n<p style=\"font-weight: 400;\">The EBIDTA registered an increase of 9% to INR 26.11 crore during the quarter as compared to INR23.92 crore in Q3FY19. PAT was at INR 13.17 crore as against INR 14.13 crore in Q3FY19, lower due to higher tax provision in the current quarter.<\/p>\n<p style=\"font-weight: 400;\"><strong>Highlights during the quarter:<\/strong><\/p>\n<p style=\"font-weight: 400;\">TPL won \u2018Occupational Health, Safety and Environment Awards 2018\u2019,from National Safety Council \u2013 Tamilnadu Chapter, highlighting TPL\u2019s commitment to safety and eco-consciousness, is a new feather in TPL\u2019s cap.<\/p>\n<p style=\"font-weight: 400;\">\n<p style=\"font-weight: 400;\"><strong>Leadership Comment<\/strong>\u00a0<strong>Mr. Ashwin Muthiah, Vice Chairman \u2013 TPL\u00a0<\/strong>&amp;<strong>Founding Chairman, AM International Group, Singapore<\/strong>:<\/p>\n<p>\u201cDespite 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 factors will help us strengthen our efforts in the upcoming quarters. Further, I would like to congratulate the team on the recognition from the National Safety Council. The Occupational Health, Safety and Environment Appreciation Award demonstrates our commitment to a \u2018Safety First\u2019 culture across all our manufacturing facilities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tamilnadu Petroproducts Ltd.\u00a0announces Q3FY20 results \u00a0 Sales registered at INR 283.27crore; EBIDTA registers year-on-year increase of9% at INR 26.11crore. \u00a0 TPL won an Appreciation Award at \u2018Occupational Health, Safety and Environment Awards 2018\u2019, for its safety-first culture 10th\u00a0February2020, Chennai \/ Mumbai:\u00a0Tamilnadu Petroproducts Ltd. (TPL), a world-class heavy chemicals and Linear Alkyl Benzene (LAB) manufacturing arm [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-18111","post","type-post","status-publish","format-standard","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18111"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18111\/revisions"}],"predecessor-version":[{"id":18112,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/18111\/revisions\/18112"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}