TTK Prestige will hold a meeting of the Board of Directors of the Company on 26 July 2024.Powered by Capital Market - Live News

TTK Prestige has entered into a binding agreement with GramyaHaat Rural Tech (GramyaHaat) in which the company will be subscribing to Compulsorily Convertible Debentures which, as and when the conversion takes place, is likely to result in equity of more than 5% in GramyaHaat.GramyaHaat is a start-up company for exploring Rural market through physical stores as well as through village level entrepreneurs. TTK Prestige will not have controlling stake in GramyaHaat. The total commitment is of the order of Rs. 15 crore of compulsorily convertible debentures of which Initial investment will be of the order of Rs. 5 Crores. This is not a related party transaction.Powered by Capital Market - Live News

TTK Prestige announced that the 68th Annual General Meeting (AGM) of the company will be held on 21 August 2024.Powered by Capital Market - Live News

TTK Prestige announced that the Board of Directors of the Company at its meeting held on 28 May 2024, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 600%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of TTK Prestige declined 1.24% to Rs 58.71 crore in the quarter ended March 2024 as against Rs 59.45 crore during the previous quarter ended March 2023. Sales rose 1.90% to Rs 622.56 crore in the quarter ended March 2024 as against Rs 610.97 crore during the previous quarter ended March 2023.For the full year,net profit declined 10.11% to Rs 228.48 crore in the year ended March 2024 as against Rs 254.17 crore during the previous year ended March 2023. Sales declined 3.57% to Rs 2678.05 crore in the year ended March 2024 as against Rs 2777.13 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales622.56610.97 2 2678.052777.13 -4 OPM %12.4013.14 -11.3412.91 - PBDT91.1494.15 -3 365.58396.21 -8 PBT74.5278.07 -5 301.17343.17 -12 NP58.7159.45 -1 228.48254.17 -10 Powered by Capital Market - Live News