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E-mail ID will not be published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

  • The current value of the rupee does not merit market intervention

    The rupee, losing 40 paise per month against the dollar since May, is expected to remain under pressure till the calendar runs out on December 31, bef

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

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture