Shares of kitchen appliances maker TTK Prestige today dropped 5 per cent after the company reported a 32.35 per cent decline in consolidated net profit for the fourth quarter ended March 2018.
The stock fell 4.92 per cent to end at Rs 5,735.90 on BSE. During the day, it shed 5.51 per cent to Rs 5,700.
On NSE, shares of the company declined 5 per cent to close at Rs 5,700.15.
TTK Prestige today reported a 32.35 per cent decline in consolidated net profit at Rs 37.44 crore for the fourth quarter ended March 2018.
The company had reported a net profit of Rs 55.35 crore in the January-March quarter of the previous fiscal.
Total income during the quarter under review stood at Rs 448.22 crore. It was Rs 399.07 crore in the year-ago period, TTK Prestige said in a BSE filing.
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