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TTK Prestige acquires over 60 acres of land in Vadodara

24 Jun 2011 Evaluate

TTK Prestige has completed the acquisition of over 60 acres of land in Vadodara district and is in the process of necessary clearances and approvals for setting up manufacturing facilities. The company has also commenced the proposed development of residential cum office complex at Dooravaninagar in Bangalore

During the 2 months from April 01, 2011 to May 31, 2011 the growth in turnover of the company is more than 69% as compared to the corresponding previous year from 93.79 crore to Rs 158.80 crore.

TTK Prestige reported a growth of 30.02% in its net profit for the quarter ended March 31, 2011 at Rs 16.63 crore as compared to Rs 12.79 crore for the quarter ended March 31, 2010. Net sales/ income from operation increased by 47.66% at Rs 185.20 crore for the quarter under review whereas the same was at Rs 125.42 crore for the corresponding quarter of the previous year.

TTK Prestige Share Price

494.95 12.70 (2.63%)
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