TTK Prestige Q3 net down 4.84% at Rs 28.06 cr

NEW DELHI: Kitchen appliances firm TTK Prestige today reported a 4.84 per cent decline in net profit at Rs 28.06 crore for the quarter ended December 31, 2014.

The company had posted a net profit of Rs 29.49 crore during the corresponding period of the previous year, TTK Prestige said in a BSE filing.

Its net sales in the quarter under review stood at Rs 383.74 crore, up 3.87 per cent as against Rs 369.44 crore in the corresponding period a year ago.

Overall expenses during the quarter were at Rs 343 crore, an increase of 4.59 per cent compared with Rs 327.93 crore in the same quarter last year.

Shares of TTK Prestige were trading at Rs 3,655 apiece, down 3.01 per cent from its previous close on the BSE.