Time Technoplast said it has secured a domestic supply order worth Rs 51 crore from Hindustan Petroleum Corporation (HPCL).
The order is for supply of rigid polymer packaging products, namely Conipack pails, to be delivered as per HPCLs schedule. Payments under the contract will be secured through an appropriate financial instrument.
The supplies are to be dispatched in line with the delivery schedule over a period of up to two years. The company clarified that the order does not involve any promoter or promoter group interest and does not fall under related party transactions.
Time Technoplast is a global manufacturer of polymer products with operations across multiple countries. Its portfolio spans industrial packaging solutions, lifestyle products, automotive components, infrastructure / construction related products, material handling solutions & composite cylinders.
On a consolidated basis, net profit of Time Technoplast rose 17.04% to Rs 115.44 crore while net sales rose 10.3% to Rs 1,511.11 crore in Q2 FY26 over Q2 FY25.
Shares of Time Technoplast rose 0.49% to Rs 189 on the BSE.
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