TN Petro Q3 net profit more than doubles to ₹47 cr.
The Hindu
Tamilnadu Petroproducts Ltd (TPL) standalone net profit for the third quarter ended December more than doubled to ₹47 crore from ₹22 crore.TPL posted a revenue from operations of ₹448 crore against ₹2
Tamilnadu Petroproducts Ltd (TPL) standalone net profit for the third quarter ended December more than doubled to ₹47 crore from ₹22 crore.
TPL posted a revenue from operations of ₹448 crore against ₹289 crore in the corresponding year-earlier period, the company said in a regulatory filing.
“Going ahead, the company may face increased price pressure with the resumption of global trade and Indian imports. However, we are building a resilient organisation that is future-ready to meet any changing market dynamics,” said vice chairman Ashwin Muthiah.
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