Brief: Time Technoplast Dec-Quarter Consol Net Profit Rises
Feb 12 (Reuters) - Time Technoplast Ltd TIME.NS :
* TIME TECHNOPLAST DEC-QUARTER CONSOL NET PROFIT 916 MILLION
RUPEES VERSUS PROFIT 612.5 MILLION RUPEES
* TIME TECHNOPLAST DEC-QUARTER CONSOL REVENUE FROM
OPERATIONS
13.25 BILLION RUPEES VERSUS 11.29 BILLION RUPEES
* APPROVED DISINVESTMENT OF 50% BUSINESS IN MIDDLE EAST FOR
A
VALUATION OF AROUND $ 25 MILLION
* DISINVESTMENT ON DEBT & CASH FREE BASIS
* APPROVED SALE OF NON-CORE ASSETS FOR 1.25 BILLION RUPEES
Source text for Eikon: ID:nBSE3b0lV6
Further company coverage: TIME.NS
((Reuters.Briefs@thomsonreuters.com;))
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