In the second half of the year, TT Jagannathan, chairman, TTK Healthcare expects sales to grow by 10 percent but bottomline to drop again by about 5 percent. He expects profit before tax to be about Rs 15 crore after spending around Rs 11 crore on initiatives.
TT Jagannathan, chairman, TTK Healthcare says, in an interview to CNBC-TV18, that the merger of TTK Healthcare with TTK Protective Devices will boost the merged entity‘s revenues from contraceptives to Rs 500 crore by FY18.