Time techno q3 fy 24 results out and finally seems there is something to cheer about. Good q3 fy 24 results with good growth in both segments, the polymer and composite segments. And the subsidiary stake sale gathers pace with divestment of 50% stake in the Middle east (which accounts for 7.5% of total revenues) for an amount valued at 25 million USD.
Other non core assets sale of 125 crores plus approval to sale of Southern India based assets (already mentioned in an earlier announcement on the bourses) worth 26 crores.
Management commentary related to the business in presentation comes across as strong. Need to listen in to concall to get a better idea about how things are panning out.
disc: invested as disclosed before.
attached q3 fy 24 presentation.
time techno q3 fy 24 presentation.pdf (1.9 MB)
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