TTK Prestige Q2FY18 consolidated net profit rises 11.3% yoy

India Infoline Research Team | October 24, 2017 12:44 IST

TTK Prestige Ltd Q2FY18

Consolidated Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
Revenue 545.1 8.8
EBITDA 74.8 10.6
EBITDA Margin (%) 13.7 22
Net Profit (adjusted) 43.3 11.3
***EBITDA margin change is bps
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Reco. Price

6121

Last updated on

18-Oct-2017




TTK Prestige Limited consolidated revenue for the quarter came in at Rs. 545.1 crore, registering 8.8% yoy increase.
 
EBITDA for the quarter rose by 10.6% yoy to Rs. 74.8 crore with a corresponding margin expansion of 22 bps. EBITDA margin for the quarter stood at 13.7%. This margin expansion was aided by 24.1% yoy decline in cost of raw materials consumed.

The PAT for the quarter came in at Rs. 43.3 crore, yoy increase of 11.3%. This was due to 52% yoy decline in interest expenses.


Technical View:

TTK Prestige Ltd is currently trading at Rs. 6,100.10, down by 69.7 points or 1.13% from its previous closing of Rs. 6,169.80 on the BSE.
The scrip opened at Rs. 6,140.05 and has touched a high and low of Rs. 6,250 and Rs. 6,100.10 respectively. So far 15,673(NSE+BSE) shares were traded on the counter. The stock is currently trading above its 100 DMA.

BSE 7,782.85 639.95 (8.96%)
NSE 7,797.05 652.65 (9.14%)

***Note: This is a NSE Chart

 

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