TTK Prestige Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 06, 2024 at 02:03 am EST
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TTK Prestige Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,384 million compared to INR 6,947.6 million a year ago. Revenue was INR 7,563.7 million compared to INR 7,080.9 million a year ago. Net income was INR 624.8 million compared to INR 575.8 million a year ago. Basic earnings per share from continuing operations was INR 4.51 compared to INR 4.15 a year ago. Diluted earnings per share from continuing operations was INR 4.51 compared to INR 4.15 a year ago.
For the nine months, sales was INR 20,554.9 million compared to INR 21,661.6 million a year ago. Revenue was INR 21,122.8 million compared to INR 21,948.5 million a year ago. Net income was INR 1,697.7 million compared to INR 1,947.2 million a year ago. Basic earnings per share from continuing operations was INR 12.25 compared to INR 14.05 a year ago. Diluted earnings per share from continuing operations was INR 12.25 compared to INR 14.05 a year ago.
TTK Prestige Limited is an India-based company, which is primarily engaged in the business of kitchen and home appliances. The Company's product categories include pressure cooker, cookware, cooktops, kitchen appliances, mixer grinder, gas stove and others. Its home solutions include gravity water purifier, electric water purifier, copper water dispenser, copper bottles, bottles, flasks, cleaning tools, ladders and others. It offers Flip-On Cooker, Durastone Fry Pan, Svachh Neo Gas Stove, Endura Mixer Grinder, IoT Kettle and others. The Company's subsidiaries include TTK British Holdings Limited and Horwood Homewares Limited.