TTK Prestige Limited — Important, 28-01-2025: General Updates
The Board met to review key financial metrics for the third quarter and nine months ending December 31, 2024. Standalone revenue from operations reached ₹666.75 Cr, a slight decrease from ₹686.60 Cr year-on-year, while total income stood at ₹683.83 Cr, reflecting minor growth over the same period last year. The company reported a profit before tax of ₹71.75 Cr, with a corresponding net profit of ₹54.29 Cr. For the nine-month period, revenue improved to ₹1926.52 Cr, showing stability in revenue generation.
Additionally, the Board appointed Mr. Parameshwar G Hegde as the Secretarial Auditor for a five-year term, pending shareholder approval at the next AGM. With a focus on operational performance, the company maintains a positive outlook amid a competitive landscape, making it a stock to watch closely for investors seeking growth opportunities.
