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Our Bureau

Bangalore , Oct. 25

Riding on the crest of increased consumer spending, TTK Prestige reported an 80 per cent growth in its net profit for the quarter ended September 2006 at Rs 3.63 crore compared to Rs 2.02 crore, recording an 85 per cent during the corresponding period of 2005-06.

Maintaining the trend, the company's sales also increased 36 per cent during Q2 of the current fiscal at Rs 81.36 crore (Rs 59.36 crore).

TTK Prestige witnessed an all time high first half sale of Rs153.54 crore, compared to Rs 104.99 crore for the same period in the previous year. The net profit during H1 of current fiscal jumped to Rs 5.12 crore from Rs 2.54 crore for the comparable period in 2005-06.

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