TTK Prestige's sales up by 60%

TTK Prestige Limited has announced its first quarter results on 15th July 2011 for the quarter ended 30th June 2011.

The Company has recorded highest ever absolute turnover for the first quarter- Rs.237.42 Crores as compared to Rs.147.78 Crores in the corresponding quarter of the previous year thus registering a growth of over 60%. The company also registered impressive growth across its product categories as compared to the corresponding quarter of the previous year.

The company achieved a profit before tax of Rs.36.32 Crores registering an increase of 60% over the previous year's PBT of Rs.22.71 Crores.Post tax profit was Rs.25.34 crores registering a growth of 58% over last year's post tax profit of Rs.16.03 Crores.

The Operating EBIDTA/Sales margin was maintained at around 16%.

The total number of Prestige Smart Kitchens as of date is 299.

Awards won by the Company

During the quarter the Company bagged the Elle DÃƒ©cor International design award for the new Apple range of pressure cookers.