TTK Prestige reported a consolidated net profit of Rs 30.59 crore in Q1 FY22 as against a net profit of Rs 2.55 crore in Q1 FY21.
Revenue from operations increased by 77% YoY to Rs 401.07 crore during the quarter.
As compared with Q4 FY21, the company's net profit and revenue from operations have declined by 64.2% and 32.9%, respectively.
Profit before tax in Q1 FY22 stood at Rs 40.74 as against Rs 3.08 crore in Q1 FY21. The company incurred a current tax expense of Rs 9.88 crore during the period under review.
TTK Prestige manufactures kitchen appliances and cookware, under the Prestige brand. The company is best known for its pressure cookers.
Follwing the result announcement, the scrip fell 1.46% to currently trade at Rs 9100.05 on the BSE. In the counter, 3623 shares of the company were traded so far as compared with an average trading volume of 490 shares in the past two weeks.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app