TTK Prestige Net dips 33% to Rs 29.49 cr in Q3

TTK Prestige, a part of the Rs 2,500-crore TTK Group, has registered a 33.1 per cent decline in its net profit to Rs 29.49 crore for the third quarter ended December 31, 2013.

The company had registered a net profit of Rs 44.10 crore during the corresponding period of previous year, TTK Prestige said in a BSE filing.

For the nine-month period ended December 31,2013, the net profit slipped by 18.5 per cent to Rs 85.58 crore from Rs 105.06 crore during the corresponding period a year ago.

The total income from operations for the third quarter dipped to Rs 369.44 crore from Rs 437.13 crore registered during the same period of the previous year.

For the April-December 2013 period, the total income from operations stood at Rs 1,021.31 crore as against Rs 1,075.21 crore registered during the same period a year ago.

Shares of the company were trading at Rs 3,500 apiece, up 2.17 per cent from its previous close on the BSE.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • It will take at least 4 more quarters for corporate bottomlines to turn around

    Aggregate numbers from corporate results in the June quarter of 2014-15 are hardly different from the previous six quarters, with no positive surprise

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Dealing with a sin called insensitivity

Rage and the notion of being above the law — ...

Kuruvilla Pandikattu SJ

India’s greatest gift to the world

What we hear most often about India these days is ...

Gautam Gupta

Why must innerwear be our best kept secret?

While women’s outerwear rules the marketing roost in India, unfortunately, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture