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An update from Tamilnadu Petro Products Ltd. ( (IN:TNPETRO) ) is now available.
Tamilnadu Petroproducts Limited reported a revenue of ₹ 465.13 crore for the third quarter of FY2024-25, showing an improvement over the previous quarter and the same period last year. The company’s EBITDA nearly doubled, illustrating effective cost management and enhanced realizations. An exceptional expense was recorded due to material damage and plant restoration activities from the Michaung cyclone. Additionally, Mr. D Senthi Kumar was promoted to Managing Director, signaling a leadership change aimed at steering the company’s future growth.
More about Tamilnadu Petro Products Ltd.
Tamilnadu Petroproducts Limited (TPL) is a Chennai-based petrochemical manufacturing company involved in producing various chemical products. The company operates in a competitive market, focusing on optimizing production and managing costs efficiently.
YTD Price Performance: -5.25%
Average Trading Volume: 18,425
Current Market Cap: 6.9B INR
For detailed information about TNPETRO stock, go to TipRanks’ Stock Analysis page.