During today’s closing session, TTK Prestige, a mid size firm, has a market cap of ₹9,711.30 Cr. TTK Prestige is renowned for its cutting-edge and well-liked kitchen and home items, leading the category with high-quality products. The corporation has announced its Q4 and FY23 results as well as a 600% dividend.
“The Board has recommended a dividend of Rs. 6/- per share of Face Value of Rs. 1/- each i.e. 600% for the financial year 2022-23, which shall be paid / despatched within 21 days from the date of AGM, subject to the approval of the Shareholders,» said TTK Prestige in a stock exchange filing.
During Q4FY23 its net income stood at ₹627.94 Cr down by 11.67% YoY from ₹710.88 Cr in Q4FY22. During the quarter ended March 2023, its net profit reached ₹59.45 Cr down by 25.71% YoY from ₹80.02 Cr during the quarter ended March 2022. The EPS of TTK Prestige reached ₹4.29 during the quarter under review down by 25.65% YoY from ₹5.77 in the year-ago quarter.
During the financial year ended March 2023, its net income reached ₹2822.79 Cr up by 2.37% YoY from ₹2757.50 Cr in FY22. Its net profit reached ₹254.17 Cr in 12MFY23 down by 16.62% YoY ₹304.84 Cr in 12MFY22. The EPS of TTK Prestige stood at ₹18.34 down by 16.60% YoY from ₹21.99 in 12MFY22.
The shares of TTK Prestige closed today on the BSE at ₹699.20 apiece down by 3.61% from the previous close of ₹725.35. The stock touched a 52-week-high of ₹1,051.00 on (13/09/2022) and a 52-week-low of ₹652.10 on (28/03/2023).
Know your inner investor
Do you have the nerves of steel or do you get insomniac over your investments? Let’s define your investment approach.
Take the test
Download The Mint News App to get Daily Market Updates.
More
Less
