The company reported standalone net profit of Rs 80.28 crore for the quarter ended September 30, 2019 as compared to Rs 53.77 crore in the same period last year, registering a year-on-year growth of 49.30 per cent. Net revenue of the company rose marginally by 3.86 per cent at Rs 573.59 crore in July-September quarter of this fiscal as against Rs 552.27 crore in the corresponding period last year. During July-September quarter, operating expenses increased by 3.35 per cent to Rs 487.11 crore from Rs 471.30 crore in year ago period.

Other Income dipped by 3.57 per cent at Rs 6.21 crore versus (Sep'18 Rs 6.44 crore). Operating Profit surged by 6.80 per cent to Rs 86.48 crore as against Rs 80.97 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 2.86 per cent in September quarter. Interest declined by 1.52 per cent y-o-y to Rs 0.65 crore, while Taxation decreased by 87.46 per cent at Rs 3.32 crore (Sep'18 Rs 26.48 crore).


0 thoughts on “TTK Prestige L Q2 net profit jumps 49.30% at Rs 80.28 cr”

Post Comment

  Share Tips

Intraday trading is an art of earning money from stock market and it requires a lot of patience and time to allocate in the daily schedule. But to see money from market is not an easy thing which it always do not gives opportunity with high profits. Many people do not have time to do intraday trading in their daily jobs in office or business. But here we make it very simple and easy.

Daily News

View My Stats