Moneycontrol
Aug 11, 2017 06:31 PM IST | Source: PTI

TTK Prestige Q1 net rises 6-fold to Rs 135.62 crore

Kitchen appliances firm TTK Prestige on Friday reported an over six-fold jump in its consolidated net profit at Rs 135.62 crore for the quarter ended June 30.

TTK Prestige Q1 net rises 6-fold to Rs 135.62 crore

Kitchen appliances firm TTK Prestige on Friday reported an over six-fold jump in its consolidated net profit at Rs 135.62 crore for the quarter ended June 30.

The company had posted a net profit of Rs 21.75 crore in the April-June quarter a year ago, TTK Prestige said in a BSE filing.

Its total income stood at Rs 385.64 crore, up 1.27 per cent during the quarter under review, as against Rs 380.80 crore in the corresponding period last fiscal.

"During the quarter there was a net exceptional income of Rs 128.96 crore on accounts of dealing with property development rights," the company said.

Its overall expenses during the quarter were at Rs 343.91 crore, up 1.17 per cent, compared to Rs 339.93 crore in the same quarter last year.

Shares of TTK Prestige on Frida settled at Rs 563.50 on BSE, down 2.36 per cent from the previous close.
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