Time techno came out with good q2 fy 24 results with both topline and bottomline growth. Presentation attached.
Important update from presentation is “The Company is in advanced stages of discussion for 2 out of 3 geographies for the said consolidation cum restructuring of overseas business and
estimating to complete the transaction including receipt of proceeds in FY 2023-2024.”
If proceeds received from divestment are significant, then it could be a good trigger. Definitive timeline given for the corporate action. Concall on 16 th Nov will provide more details. disc: invested.
time techno q2 fy 24 presentation.pdf (2.4 MB)
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