Home Food TTK Prestige Q2 results: Profit falls 19 pc to Rs 65 cr

TTK Prestige Q2 results: Profit falls 19 pc to Rs 65 cr

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Kitchen appliances firm on Tuesday reported 18.54 percent decline in consolidated net profit at Rs 65.44 crore for the second quarter ended September 30, 2020. The company had posted a net profit of Rs 80.34 crore in July-September period of the previous fiscal.

TTK Prestige Q2 results: Profit falls 19 pc to Rs 65 cr

According to a PTI report: Total income went up by 5.17 percent at Rs 644.22 crore during the quarter under review against Rs 612.52 crore in the same period last year, TTK Prestige said in a BSE filing.

Overall expenses during the second quarter were at Rs 557.11 crore, up 5.33 percent compared with Rs 528.87 crore in the same period a year ago.

The company’s board has approved payment of interim dividend of Rs 20 per equity share.