Saturday, July 21, 2012

TTK Prestige Q1 net profit up 21% at Rs 30.7 cr


TTK Prestige, a kitchen appliances provider's net profit grew 21% year-on-year to Rs 30.7 crore for the quarter ended June 2012.

Net sales of the company increased 29.8% to Rs 302.5 crore in the first quarter of FY13 from Rs 233.1 crore in a year ago period.

Company has managed to maintain its margins despite currency depreciation in the quarter and unfavorable rise in raw material costs.

EBITDA went up 32.7% year-on-year to Rs 48 crore for the quarter ended June 2012. Operating profit margin stood at 15.8% versus 15.9% YoY.





Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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