Tamilnadu Petro slumps aft | Detailed News | 1336012/25
  • BUSINESS ENQUIRY : +91 80122 78000
      CUSTOMER SUPPORT : 044 4032 9999
  • BUSINESS ENQUIRY : +91 80122 78000   CUSTOMER SUPPORT : 044 4032 9999
YOU ARE ON THE NEW Goodwill WEBSITE, ACCESS THE OLD WEBSITE Click Here
07-Jul-2022 EOD 15 mins delay  NIFTY  16,132.90  [143.10]commodity-trading-and-shares-brokers-in-indiaAdani-Ports  703.60   [1.33]   |   Apollo-Hospitals  3915.25   [0.82]   |   Asian-Paints  2891.40   [1.05]   |   Axis-Bank  658.15   [0.03]   |   B-P-C-L  329.40   [2.52]   |   Bajaj-Auto  3795.50   [0.60]   |   Bajaj-Finance  5860.70   [-0.95]   |   Bajaj-Finserv  11967.35   [-0.51]   |   Bharti-Airtel  686.80   [-1.03]   |   Britannia-Inds  3810.25   [-0.54]   |   Cipla  935.25   [-1.09]   |   Coal-India  186.00   [2.37]   |   Divi's-Lab  3656.40   [0.32]   |   Dr-Reddy's-Labs  4336.45   [-1.22]   |   Eicher-Motors  2944.20   [1.25]   |   Grasim-Inds  1374.85   [0.38]   |   H-D-F-C  2245.55   [0.72]   |   HCL-Technologies  989.85   [0.33]   |   HDFC-Bank  1395.80   [1.79]   |   HDFC-Life-Insur  554.60   [-0.51]   |   Hero-Motocorp  2839.45   [0.27]   |   Hind-Unilever  2472.95   [-1.02]   |   Hindalco-Inds  361.65   [6.07]   |   ICICI-Bank  742.00   [2.21]   |   IndusInd-Bank  861.00   [2.92]   |   Infosys  1498.70   [0.47]   |   ITC  291.95   [0.92]   |   JSW-Steel  574.60   [3.62]   |   Kotak-Mah-Bank  1738.50   [1.99]   |   Larsen-and-Toubro  1611.10   [3.53]   |   M-and-M  1133.30   [2.60]   |   Maruti-Suzuki  8606.40   [-0.27]   |   Nestle-India  18204.95   [-1.00]   |   NTPC  140.45   [1.08]   |   O-N-G-C  123.50   [2.11]   |   Power-Grid-Corpn  212.55   [1.00]   |   Reliance-Industr  2388.10   [-0.98]   |   SBI-Life-Insuran  1124.60   [0.76]   |   Shree-Cement  20014.60   [0.12]   |   St-Bk-of-India  486.75   [1.42]   |   Sun-PharmaInds  849.45   [1.40]   |   Tata-Consumer  754.85   [0.65]   |   Tata-Motors  430.85   [3.48]   |   Tata-Steel  900.00   [4.88]   |   TCS  3287.85   [0.83]   |   Tech-Mahindra  1020.75   [1.07]   |   Titan-Company  2127.50   [5.66]   |   UltraTech-Cem  5838.85   [0.19]   |   UPL  682.75   [3.06]   |   Wipro  420.80   [1.14]   |   
USEFUL
LINKS

DetailedNews

Tamilnadu Petro slumps after Q4 PAT tumbles 48% YoY Back
24-May-22   11:57 Hrs IST
On a standalone basis, profit before tax (PBT) fell 62.40% year-on-year to Rs 33.79 crore in Q4 March 2022. EBITDA fell 44.10% YoY to Rs 41.47 crore in Q4 FY22.

The lower profit was mainly due to Linear Alkyl Benzene (LAB) annual turnaround maintenance undertaken during the quarter. LAB finds extensive application in the manufacture of domestic detergents, institutional and industrial cleaners.

Total expenses rose 40.77% to Rs 404.59 crore. Cost of material consumed climbed 30.56% to Rs 211.85 crore and employee benefits expenses rose 5.13% to Rs 11.06 crore.

For the full year, net profit rose 63.68% to Rs 170.64 crore on 57.70% rise in net sales to Rs 1,802.17 crore in the year ended March 2022 over the year ended March 2021.

The board recommended a dividend of Rs 3 per share for FY21-22.

Ashwin Muthiah, vice chairman - TPL and founder chairman, AM International, Singapore said: Navigating geopolitical risks will be crucial to our success in the future, alongside delivering financial performance. The good results, in spite of various external challenges, showcase our ability to de-risk our operations through predictable business decisions. In addition, we are complementing India's policy thrust to become Atmanirbhar through local manufacturing and a globally competitive chemicals and science organisation. We look forward to ramping up capacity, driving operational efficiency and increasing market share; the team's ability to deliver good results in such challenging times is commendable. Alongside operations, the safety and health of our colleagues and scaling up our CSR programs for sustainable impact remain a firm commitment.

Ravi, CEO, Petrochemicals Division of AM Group said: the global scenario and the higher domestic demand and relatively lower imports helped the Company to earn best ever sales and profits. However, some slowdown in demand has been witnessed since the beginning of the current year. Higher input cost on account of oil price increases, lower price due to fall in demand and imports reaching almost the pre-2020 levels are cause for concern. TPL with its more than 3 decades of experience is confident of overcoming the challenges, he added.

TPL is one of the leading manufacturers of industrial intermediate chemicals, viz., Linear Alkyl Benzene (LAB), Caustic Soda and Propylene Oxide in the country. The company also sells Chlorine as a co-product of Caustic Soda.

Powered by Capital Market - Live News

Attention Investor
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
The Stock Exchange, Mumbai is not in any manner answerable, responsible or liable to any person or persons for any acts of omission or commission, errors, mistakes and/or violation, actual or perceived, by us or our partners, agents, associates etc., of any of the Rules, Regulations, Bye-laws of the Stock Exchange, Mumbai, SEBI Act or any other laws in force from time to time. The Stock Exchange, Mumbai is not answerable, responsible or liable for any information on this Website or for any services rendered by our employees, our servants, and us.
Please DO NOT disclose your User ID and/or Passwords to any person, even Goodwill staff never ask you to share the same. Goodwill is NEITHER liable for any loss arising from your sharing of your password with anyone, NOR from its consequent unauthorized use.