TTK Prestige net up 40%

Its net sales for the quarter was up 22% to Rs 283 cr

Bangalore-based kitchen appliances maker, TTK Prestige reported 40 per cent rise in net profit to Rs 28 crore during the fourth quarter ended March 31, 2013, as against Rs 20 crore reported in the year ago period.

Its net sales for the quarter was up 22 per cent to Rs 283 crore.Operating profit was up 36 per cent to Rs 40 crore. It recorded 40 per cent growth in its kitchen appliances business during the quarter.