ALPHA TRIBE

Tamilnadu PetroProducts LimitedUpdates, 05-02-2025: Press Release

05-02-2025 | 08:19 am

Tamilnadu Petroproducts Limited reported revenue of ₹ 465.13 Cr for Q3 of FY24-25, an increase from ₹ 455.66 Cr in the previous quarter and ₹ 351.98 Cr year-on-year. EBITDA nearly doubled compared to Q2, indicating strong operational performance driven by optimal production, cost management, and improved realizations in a competitive landscape. However, the company recorded an exceptional item of ₹ 0.86 Cr due to damages from the Michaung cyclone.

In leadership news, Mr. D Senthi Kumar has been elevated to Managing Director, while Mr. Manish Nagpal joins as an Additional Director and Mr. C Parthiban as CFO from 12th February 2025. The Board acknowledged the contributions of Mr. K T Vijayagopal upon the conclusion of his tenure as Whole-time Director (Finance) & CFO.

Overall, the company demonstrates a positive outlook with robust revenue growth and profitability despite macro challenges, suggesting potential for continued strength in its operations.

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