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Home appliances manufacturer TTK Prestige today reported 6.49% decline in net profit at Rs 26.21 crore for the quarter ended March 31.
The company had reported a net profit of Rs 28.03 crore for the corresponding quarter of previous fiscal, TTK Prestige said in a filing to BSE.
Net sales of the company, however, declined 3.79% to Rs 272.52 crore for the quarter under review as against Rs 283.27 crore in the year ago period.
The company's overall expenses stood at Rs 247.97 crore, compared to Rs 242.82 crore in the corresponding period last year.
Its shares were trading at Rs 3,085 per scrip during the afternoon trade, down 1.85% from its previous close, on the BSE.
