TTK Prestige Q1 net profit up 58% at Rs 25.34 crore

In the year-ended March 30, 2011, the firm reported a net profit of Rs 83.75 crore while it had a net sales of Rs 763.57 crore.

NEW DELHI: Kitchenware maker TTK Prestige today posted a 58 per cent increase in its net profit of Rs 25.34 crore for the quarter ended June 30, 2011 as against the same period last fiscal.

The company had a net profit of Rs 16.03 crore in the quarter ended June 30, 2010, TTK Prestige said in a filing to the Bombay Stock Exchange ( BSE).

During the quarter under review, the company's net sales increased by 60.39 percent to Rs 233.14 crore. In the corresponding quarter last fiscal, it had a net sales of Rs 145.35 crore.

In the year-ended March 30, 2011, the firm reported a net profit of Rs 83.75 crore while it had a net sales of Rs 763.57 crore.

Shares of TTK Prestige closed at Rs 2,794.65 on the BSE, up 1.35 per cent from the previous close.
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