Tinna Rubber Reports Flat Revenue, Improved Margins in Q1
Tinna Rubber and Infrastructure Limited reported stable Q1 financials with flat revenue at INR 131.00 crores but improved EBITDA by 19% to INR 21.00 crores. Margins improved despite a 4% year-on-year revenue decline. The company successfully raised INR 79.00 crores through QIP and is deploying funds for debt reduction and expansion. It maintains its guidance of INR 600.00+ crores revenue for the year and targets INR 1,000.00 crores by FY28 with 18%+ EBITDA margin. Tinna Rubber is focusing on cost reduction initiatives and exploring new business opportunities in polymer composites and masterbatch business.
07Aug 25
Tinna Rubber Invests $204,815 in South African Joint Venture, Reports Strong Q1 Results
Tinna Rubber invested $204,815 in its South African joint venture, Mbodla Investments, maintaining a 49% stake. The company reported Q1 FY2025-26 results with revenue of Rs. 130.27 crore and net profit of Rs. 11.74 crore. The board approved investments up to Rs. 5 crore in Mbodla. Tinna recently raised Rs. 78.70 crore through a QIP for expansion and debt repayment.