Tinna Rubber and Infrastructure Ltd — Updates, 11-08-2025: Company Update
11-08-2025 | 04:36 pm
11-08-2025 | 04:36 pm
Tinna Rubber's latest earnings call signals strong Q1 performance despite headwinds. EBITDA rose 19% quarter-on-quarter to INR 21 crores, driven by improved margins and operational efficiencies including diverse tire feedstock use. Revenue and PAT remained stable. The company successfully completed a QIP raising INR 79 crores, allocating funds to debt reduction, solar power expansion, and a new recovered carbon black plant. This is expected to yield annual interest savings of INR 1.5 crores and substantial power cost reductions. The PCMB business saw significant sales growth to INR 27 crores. International expansion continues, with Oman operations generating $1 million revenue. Tinna Rubber remains focused on its ambitious growth targets.
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