Results - Announcements
TTK Prestige Ltd share price jumped 10.37% to Rs 607.25 after the company's net profit soared by 77.11% to Rs 104.44 crore, while revenue from operations increased sharply by 23.97% to Rs 1008.96 crore in Q2FY27 over Q2FY26.
The market capitalization of Household Appliances industry group stocks on BSE stood at Rs 3.0 lakh crore, slipping 8.52%. It has inched up 5.49% over last one week and softened by 2.38% in last one month while the market capitalization of TTK Prestige Ltd has sharply increased by 18.74% and 1.34% in the same period respectively.
Profit before tax (PBT) of TTK Prestige Ltd stood at Rs 152.91 crore in Q2 FY27, expanding by 72.84% year-on-year, and rallying 89.50% quarter-on-quarter. EBITDA came in at Rs 152 crore, jumping 87.62% YoY and surging by 136.04% sequentially.
Total expenses rose by 14.63% to Rs 863.85 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 223.13 crore, soaring by 38.44% YoY, while employee benefits expense was at Rs 95.2 crore, ticking higher by 5.46% YoY.
For FY26, revenue from operations posted a slight growth of 9.53% to Rs 2973.57 crore, while net profit surged by 45.05% to Rs 156.67 crore, compared to previous FY. EBITDA witnessed a strong improvement of 18965% to Rs 208.36 crore, and PBT witnessed a strong rise of 25.89% to Rs 219.78 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 209.73 crore in FY26, as against Rs 157.24 crore in FY25.
TTK Prestige Ltd crashed 8.24% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.