TTK Prestige Ltd., incorporated in the year 1955, is a Mid Cap company (having a market cap of Rs 12278.43 Crore) operating in Consumer Durables sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 603.39 Crore, down -17.84 % from last quarter Total Income of Rs 734.37 Crore and up 42.12 % from last year same quarter Total Income of Rs 424.57 Crore. Company reported net profit after tax of Rs 85.36 Crore in latest quarter.
Investment Rationale
Second wave of Covid-19 is likely to impact in the near-term, but long-term demand outlook is positive given ongoing vaccination and strong thrust of GoI to revive the economy.
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