TTK Prestige Q1 net up 10.2% to Rs 24.20 crore

Shares of the company were trading at Rs 5,196.25 apiece, down 2.67% from the previous close

Kitchen appliances firm TTK Prestige on Wednesday reported a 10.20% increase in its standalone net profit at Rs 24.20 crore for the first quarter ended June 30, 2016.

The company had posted a net profit of Rs 21.96 crore during the April-June quarter of the previous year, TTK Prestige said in a BSE filing.

Its net sales during the quarter under review stood at Rs 346.10 crore, up 1.66%, as against Rs 340.44 crore in the corresponding period a year ago.

Overall expenses during the quarter were at Rs 307.94 crore, compared with Rs 307.29 crore in the same quarter last year.

 

Shares of TTK Prestige were trading at Rs 5,196.25 apiece, down 2.67% from the previous close on the BSE.