TTK Prestige Q2 profit surges 65% to ₹104.4 crore as domestic sales drive growth
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓TTK Prestige reported a 65 per cent increase in consolidated net profit to ₹104.4 crore for the second quarter.
- ✓Revenue from operations rose 21 per cent to ₹1,008.96 crore.
- ✓The company said broad-based growth across product categories and strong domestic demand helped drive these results, despite challenges in export sales.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Kitchen appliances maker TTK Prestige reported a 65 per cent year-on-year (y-o-y) increase in consolidated net profit to ₹104.4 crore for the second quarter, compared with ₹63.2 crore in the corresponding period last year.
Revenue from operations rose 21 per cent y-o-y to ₹1,008.96 crore.
The company reported broad-based growth across product categories, distribution channels and regions, supported by robust domestic demand, festive-season purchases and strengthening replacement demand in urban and semi-urban markets.
Domestic sales grew 23.4 per cent to ₹944.5 crore, while export sales declined to ₹14.8 crore from ₹21.3 crore a year ago. Total sales increased 21.9 per cent to ₹959.3 crore.
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