TTK Healthcare Q3 PAT drops 37% on Labour Codes exceptional charge
TTKHLTCARE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 3.3 pts less than its Diversified peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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TTK Healthcare Q3 FY26 revenue was flat at Rs 20,356 lakhs (vs Rs 20,474 lakhs YoY). PAT fell 37% to Rs 1,053 lakhs, hit by a Rs 758 lakh exceptional charge from new Labour Codes covering gratuity and leave. Excluding the one-off, profit before exceptional was nearly steady at Rs 2,167 lakhs. Nine-month revenue rose 4.6% to Rs 63,930 lakhs; nine-month PAT was Rs 4,392 lakhs versus Rs 6,551 lakhs. Medical Devices grew 19% YoY while Protective Devices posted a loss. Board committees were reconstituted after an Independent Director exit.
Underlying business steady; PAT hit by one-time Labour Codes charge. Watch for recovery next quarter. Mixed segment performance.