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Corporate Results - Home Appliances
TTK Prestige net soars over 47%

Bangalore, Jan.30

With its topline crossing the Rs 100-crore mark for the first time in any quarter, TTK Prestige reported over 47 per cent jump in its net profit to Rs 6.24 crore (Rs 4.24 crore) for the quarter ended December 2007. The company reported a year-on-year growth of 20 per cent in its turnover at Rs 102.68 crore (Rs 85.44 crore). The company’s nine months’ income during the current fiscal grew 13.9 per cent at Rs 272.43 crore (Rs 238.98 crore) with the net profit in creasing to Rs 15.7 crore (Rs 9.36 crore). Earnings per share rose to Rs 13.88 for nine months compared to Rs 8.25 crore for the same period in the previous year.

— Our Bureau

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