TTK Prestige Q3 net down 5% at Rs 28.06 cr

Kitchen appliances firm TTK Prestige today reported a 4.84% decline in net profit at Rs 28.06 crore for the quarter ended December 31, 2014.

The company had posted a net profit of Rs 29.49 crore during the corresponding period of the previous year, TTK Prestige said in a BSE filing.

Its net sales in the quarter under review stood at Rs 383.74 crore, up 3.87% as against Rs 369.44 crore in the corresponding period a year ago.

Overall expenses during the quarter were at Rs 343 crore, an increase of 4.59% compared with Rs 327.93 crore in the same quarter last year.

Shares of TTK Prestige were trading at Rs 3,655 apiece, down 3.01% from its previous close on the BSE.