TTK Prestige Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 27, 2023 at 01:33 am EDT
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TTK Prestige Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 7,294.7 million compared to INR 8,423.5 million a year ago. Revenue was INR 7,472.2 million compared to INR 8,509 million a year ago. Net income was INR 592.7 million compared to INR 838.5 million a year ago. Basic earnings per share from continuing operations was INR 4.28 compared to INR 6.05 a year ago. Diluted earnings per share from continuing operations was INR 4.28 compared to INR 6.05 a year ago.
For the six months, sales was INR 13,170.9 million compared to INR 14,714 million a year ago. Revenue was INR 13,559.1 million compared to INR 14,867.6 million a year ago. Net income was INR 1,072.9 million compared to INR 1,371.4 million a year ago. Basic earnings per share from continuing operations was INR 7.74 compared to INR 9.89 a year ago. Diluted earnings per share from continuing operations was INR 7.74 compared to INR 9.89 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.