TTK Prestige Q3 net up 33% at Rs 37 cr

Company's net sales stood at Rs 447.83 crore, up 16.70%

Kitchen appliances firm TTK Prestige today reported a 32.57% jump in net profit at Rs 37.2 crore for the quarter ended December 31, on account of higher sales.

The company had posted a net profit of Rs 28.06 crore during the corresponding period of the previous fiscal.

Its net sales stood at Rs 447.83 crore, up 16.70% from Rs 383.74 crore in the year-ago period, TTK Prestige said in a BSE filing.

Overall expenses during the quarter were at Rs 394.88 crore, up 15.12% compared with Rs 343 crore in the same quarter last year.

Shares of TTK Prestige were trading 4.21% down, at Rs 4,148.80 apiece on the BSE.