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TTK Prestige reports 32% fall in Q4 consolidated net profit

21 May 2018 Evaluate

TTK Prestige has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a fall of 31.01% in its net profit at Rs 37.04 crore for the quarter ended March 31, 2018 as compared to Rs 53.69 crore for the same quarter in the previous year. However, total income of the company has increased by 14.86% at Rs 422.20 crore for quarter under review as compared to Rs 367.58 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a fall of 32.36% in its net profit at Rs 37.44 crore for the quarter ended March 31, 2018 as compared to Rs 55.35 crore for the corresponding quarter in the FY17. However, total income of the company increased by 12.32% at Rs 448.22 crore for quarter under review as compared to Rs 399.07 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a rise of 79.63% in its net profit at Rs 256.87 crore as compared to Rs 143.00 crore for the same period in the previous year. Total income of company increased by 9.30% at Rs 1760.16 crore for year under review as compared to Rs 1610.38 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 74.90% in its net profit Rs 263.49 crore as compared to Rs 150.65 crore for the same period in the previous year. Total income of company has increased by 7.53% at Rs 1883.78 crore for year under review as compared to Rs 1751.88 crore for the period ended March 31, 2017.


TTK Prestige Share Price

494.95 12.70 (2.63%)
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