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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