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Shares of TTK Prestige Ltd. gained as much as 4% on Friday, May 22, in response to its March quarter results, that were better on a year-on-year basis across parameters.
TTK Prestige reported a net profit of ₹37 crore, compared to a net loss of ₹40.7 crore during the same quarter last year.
During the base quarter, the management had recognized a one-time impairment charge of ₹71.4 crore related to a provision for the impairment of goodwill in its UK subsidiary. Higher expenses had also played a part in the base quarter's net loss.
For this year's March quarter, TTK Prestige's revenue grew by 12% on a year-on-year basis to ₹729 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹67 crore, a 31% growth from the ₹51 crore figure it reported last year.
EBITDA margin for the quarter expanded by 140 basis points to 9.2% from 7.8% in the year-ago period.
Shares of TTK Prestige are trading 2.8% higher at ₹557. The stock is still down 10% so far in 2026.
TTK Prestige reported a net profit of ₹37 crore, compared to a net loss of ₹40.7 crore during the same quarter last year.
During the base quarter, the management had recognized a one-time impairment charge of ₹71.4 crore related to a provision for the impairment of goodwill in its UK subsidiary. Higher expenses had also played a part in the base quarter's net loss.
For this year's March quarter, TTK Prestige's revenue grew by 12% on a year-on-year basis to ₹729 crore, while its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹67 crore, a 31% growth from the ₹51 crore figure it reported last year.
EBITDA margin for the quarter expanded by 140 basis points to 9.2% from 7.8% in the year-ago period.
Shares of TTK Prestige are trading 2.8% higher at ₹557. The stock is still down 10% so far in 2026.
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