TTK Prestige Ltd

TTK Prestige has fixed 01 August 2025 as record date for payment of dividend. The dividend, if declared, will be paid on and from 21 August 2025. Powered by Capital Market - Live

TTK Prestige will hold a meeting of the Board of Directors of the Company on 28 July 2025.Powered by Capital Market - Live

TTK Prestige announced that the 69th Annual General Meeting(AGM) of the company will be held on 7 August 2025.Powered by Capital Market - Live

TTK Prestige announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 600%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net loss of TTK Prestige reported to Rs 40.64 crore in the quarter ended March 2025 as against net profit of Rs 58.71 crore during the previous quarter ended March 2024. Sales rose 4.34% to Rs 649.56 crore in the quarter ended March 2025 as against Rs 622.56 crore during the previous quarter ended March 2024. For the full year,net profit declined 50.79% to Rs 112.44 crore in the year ended March 2025 as against Rs 228.48 crore during the previous year ended March 2024. Sales rose 1.37% to Rs 2714.78 crore in the year ended March 2025 as against Rs 2678.05 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales649.56622.56 4 2714.782678.05 1 OPM %7.9112.40 -9.4911.34 - PBDT64.0791.14 -30 316.71365.58 -13 PBT45.3874.52 -39 246.00301.17 -18 NP-40.6458.71 PL 112.44228.48 -51 Powered by Capital Market - Live

TTK Prestige will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

The company said that this outlay will cover both soft operational expenses and hard expenses of capital nature. The spends on operational areas for achieving the overall business excellence, which will include innovation, design, manufacturing / sourcing, go to market with clear market segmentation, logistics and service, is estimated at around Rs 200 crore while the capex is estimated to be of the order of Rs 300 crore. This outlay is designed to fortify the current core business of the company - Pressure cookers & Cookware, domestic kitchen appliances both electric and non-electric and targeted export clients. Wherever necessary the company will use external expertise in specific domains. 'The action plan is designed to get back to a good growth phase, besides bringing in sustainable savings in costs. This plan may result in some transient impact on operating EBITDA margins over the next 8 quarters as initial one-time soft-investments are targeted to achieve growth and cost-savings may not outweigh the one-time soft investments,' the company stated in exchange filing. TTK Prestige manufactures kitchen appliances and cookware, under the Prestige brand. The company's consolidated net profit declined 6.5% to Rs 58.45 crore in Q3 FY25 as compared with Rs 62.48 crore in Q3 FY24. Net sales fell 1.5% to Rs 727.23 crore during the quarter ended 31st December 2024.Powered by Capital Market - Live

The Board of TTK Prestige at its meeting held on 10 February 2025 has approved the appointment of Girish Rao (DIN: 00073937) as Independent Director of the Company with effect from 25 March 2025. Powered by Capital Market - Live

Net profit of TTK Prestige declined 6.45% to Rs 58.45 crore in the quarter ended December 2024 as against Rs 62.48 crore during the previous quarter ended December 2023. Sales declined 1.51% to Rs 727.23 crore in the quarter ended December 2024 as against Rs 738.40 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales727.23738.40 -2 OPM %10.9211.52 - PBDT92.67100.02 -7 PBT75.1982.89 -9 NP58.4562.48 -6 Powered by Capital Market - Live

TTK Prestige will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live