TTK Prestige Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- TTK Prestige Ltd reported a 3.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 1.6%.
- Its expenses for the quarter were down by 4.3% QoQ and 0.7% YoY.
- The net profit increased 9.8% QoQ and decreased 6.8% YoY.
- The earnings per share (EPS) of TTK Prestige Ltd stood at 4.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 744.29 | 769.84 | 756.37 | -3.3% | -1.6% |
Total Expenses | 669.10 | 699.44 | 673.48 | -4.3% | -0.7% |
Profit Before Tax | 75.19 | 70.40 | 82.89 | 6.8% | -9.3% |
Tax | 17.84 | 18.15 | 21.33 | -1.7% | -16.4% |
Profit After Tax | 57.35 | 52.25 | 61.56 | 9.8% | -6.8% |
Earnings Per Share | 4.30 | 3.80 | 4.50 | 13.2% | -4.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
TTK Prestige Ltd is a prominent name in the kitchen appliances industry, known for its innovative and quality products that cater to the diverse needs of consumers. The company manufactures and markets a wide range of products, including pressure cookers, cookware, gas stoves, and kitchen electrical appliances. It has established a strong brand presence in India and several international markets. TTK Prestige continually focuses on expanding its product line and enhancing customer satisfaction through innovation and superior service. As of now, there are no specific recent major developments available in the data provided.
Revenue
In Q3FY25, TTK Prestige Ltd reported a total income of ₹744.29 crores. This reflects a decrease compared to the previous quarter (Q2FY25), where the total income was ₹769.84 crores, representing a quarter-over-quarter (QoQ) decline of 3.3%. When compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹756.37 crores, this marks a year-over-year (YoY) decrease of 1.6%. These figures indicate changes in revenue generation over the respective periods, demonstrating the fluctuations in the company's income streams within the competitive market.
Profitability
For Q3FY25, TTK Prestige Ltd reported a profit before tax of ₹75.19 crores, which shows a 6.8% increase from the previous quarter's profit before tax of ₹70.40 crores. However, when compared to Q3FY24, where the profit before tax was ₹82.89 crores, there is a year-over-year decline of 9.3%. Profit after tax for Q3FY25 stood at ₹57.35 crores, up by 9.8% from ₹52.25 crores in Q2FY25, but down by 6.8% from ₹61.56 crores in Q3FY24. The tax expenses for Q3FY25 were ₹17.84 crores, slightly down from ₹18.15 crores in Q2FY25, and a significant decrease from ₹21.33 crores in Q3FY24, reflecting a YoY decline of 16.4%. These metrics provide insights into the company's profitability trends across different periods.
Operating Metrics
Earnings per share (EPS) for TTK Prestige Ltd in Q3FY25 was ₹4.30, which shows a 13.2% increase from the previous quarter's EPS of ₹3.80. However, there is a 4.4% decrease when compared to Q3FY24, where the EPS was ₹4.50. This metric indicates changes in the earnings available to shareholders over the quarters. Total expenses for Q3FY25 were ₹669.10 crores, which is a decrease from ₹699.44 crores in Q2FY25, marking a QoQ decline of 4.3%. Compared to Q3FY24 expenses of ₹673.48 crores, there is a slight YoY decrease of 0.7%. These observations on operating metrics are indicative of the company's cost management and shareholder value creation over the respective periods.
