TTK Prestige

In Q2, TTK Prestige reported a consolidated net profit of ₹64.24 crore, as compared to ₹52.8 crore a year ago, up 21.6 per cent

T T Jagannathan, the Chairman Emeritus of TTK Prestige, popularly known as 'the Kitchen Mogul', died on Thursday in Bengaluru. He was at 77. Jagannathan was a gold medalist from IIT Chennai and held a PhD in operations research from Cornell University, USA. He was on the board of TTK Prestige for the past 50 years, the business founded by his grandfather and former Union finance minister TT Krishnamachari. "We regret to inform you that the Company was intimated today about the sudden demise of T T Jagannathan - Chairman Emeritus, belonging to the Promoter and Promoter Group of the Company, on October 09, 2025," said TTK Prestige in a regulatory update informing his demise. His sudden and unexpected passing away will be an "irreparable loss to the company" and all the Directors and employees of the Company convey deep sorrow and condolences, said TTK Prestige, a leading kitchen and home product maker. Jagannathan loved cooking. His need for innovation always begins in the ...

Technical chart shows that select stocks such as Raymond, TTK Prestige and Engineers India which dropped out of the elusive club can slide another 19 per cent from here on.

Expansion plan comes at a time when consumer spending is slowing in urban India, which in part resulted in a 6.4 per cent annual drop in the company's profit in the October-to-December period

TTK's consolidated net profit fell to Rs 58.45 crore ($6.8 million) in the quarter ended Dec. 31, from Rs 62.4 crore a year earlier

Shares of TTK Prestige surged 6.12 per cent at Rs 927.75 a piece on the BSE

The Bengaluru-based company's consolidated net profit fell to 594.5 million rupees ($7.18 million) in the three months ended March, from 800.2 million rupees a year earlier

With revised customs duty across consumer electronics' manufacturers, analysts believe this measure would reduce costs for manufacturing mobile phones, TV panels, and kitchen chimneys

The technical analyst also recommends to hold Nifty longs with a stop at 16,300; on the upside, he expects resistance for the NSE benchmark around 16,800.

TTK Prestige said the rationale behind the stock split is to facilitate larger shareholder base, to increase the liquidity and to make the shares more affordable to investors

A stock split is generally done to make the scrip more affordable for small retail investors and increase liquidity

L&T Infotech and UltraTech Cement are likely to react to Q2 numbers this morning, while focus shall also be on Hindustan Unilever, ACC and other stocks ahead of September quarter results

Investors, especially high net-worth individuals (HNIs), rely heavily on grey market signals for punting on any IPO

Kitchen appliances maker TTK Prestige on Tuesday said it has concluded a long-term settlement covering all its workmen at the manufacturing unit in Gujarat

In the grey market, shares of Stove Kraft were commanding a premium of Rs 30-40 per share

The company says demand across categories is robust, many of its stores are out of stock and that the firm able to meet neither domestic nor export requirements

They say kitchen improvement is likely to be a top priority in Indian homes; customers may also go for local products instead of Chinese-made ones

This will make it tough for many of them to service their fixed costs, such salary and wages, as well as interest on their loan.

While it is launching 30 SKUs in the home cleaning range, other products in the electrical and non-electrical spaces are on the drawing board

Besides, TTK Prestige has plans to expand its distribution network further and expects higher sales from fast-growing online channels.