Hot Pursuit     10-May-23
Tinna Rubber gains on bagging IOCL contract
Tinna Rubber and Infrastructure rose 2.48% to Rs 475.55 after the company bagged a contract worth Rs 107 crore from Indian Oil Corporation.
The company has been awarded a two-year contract by Indian Oil Corporation for the supply of Crumb Rubber Modifier (CRM) at their Mathura and Haldia plants. The contract is valued at Rs 107.5 crore, which represents over 50% increase in total value compared to the previous contract.

Tinna Rubber & Infrastructure transforms end-of-life tires into valuable rubber and steel materials. These materials have various applications such as new tires, conveyor belts, rubber molded products, and roads. The steel obtained from the process is used for making steel abrasives. The company is the largest integrated waste tire recycler in India and a global leader in the manufacturing of recycled rubber materials, with manufacturing facilities spread across Panipat (Haryana), Haldia (West Bengal), Gumudipoondi (Tamil Nadu), and Wada (Maharashtra).

On a consolidated basis, net profit of Tinna Rubber & Infrastructure rose 18.09% to Rs 4.70 crore and net sales rose 8.69% to Rs 75.20 crore in Q3 December 2022 over Q3 December 2021.

Previous News
  Tinna Rubber and Infrastructure to announce Quarterly Result
 ( Corporate News - 10-Sep-20   13:12 )
  Tinna Rubber & Infrastructure schedules board meeting
 ( Corporate News - 31-Oct-24   11:52 )
  Tinna Rubber & Infrastructure consolidated net profit rises 36.84% in the March 2023 quarter
 ( Results - Announcements 25-May-23   07:41 )
  Tinna Rubber & Infrastructure to convene board meeting
 ( Corporate News - 08-Oct-21   09:54 )
  Tinna Rubber & Infrastructure reports standalone net loss of Rs 0.76 crore in the March 2017 quarter
 ( Results - Announcements 03-Jun-17   17:21 )
  Tinna Rubber and Infrastructure announces board meeting date
 ( Corporate News - 17-May-19   11:05 )
  Tinna Rubber and Infrastructure to hold board meeting
 ( Corporate News - 04-Nov-16   16:32 )
  Tinna Overseas net profit declines 88.00% in the September 2009 quarter
 ( Results - Announcements 10-Nov-09   11:47 )
  Tinna Rubber & Infrastructure standalone net profit declines 68.87% in the June 2015 quarter
 ( Results - Announcements 13-Aug-15   10:27 )
  Tinna Rubber & Infrastructure to table results
 ( Corporate News - 04-Oct-23   10:48 )
  Tinna Rubber & Infrastructure reports standalone net profit of Rs 0.19 crore in the December 2017 quarter
 ( Results - Announcements 21-Feb-18   17:06 )
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