TTK Prestige Limited has informed the Exchange regarding Outcome of Board Meeting held on May 27, 2025.
TTKPRESTIG · price
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TTK Prestige's Board approved audited financial results for Q4 and FY25 with statutory auditor PKF Sridhar & Santhanam LLP issuing an unmodified opinion. Standalone FY25 revenue grew modestly to Rs. 2,530.32 Cr (vs Rs. 2,500.74 Cr last year), but profit after tax fell sharply to Rs. 162.68 Cr from Rs. 238.81 Cr. Consolidated FY25 revenue rose to Rs. 2,714.78 Cr, while PAT dropped to Rs. 108.01 Cr from Rs. 225.33 Cr, and the company slipped into a consolidated net loss of Rs. 42.39 Cr in Q4FY25. The drop is largely due to a one-time exceptional impairment charge of Rs. 71.42 Cr (consolidated) on UK operations arising from global trade and geopolitical conflicts. The Board recommended a dividend of Rs. 6 per share (600%) for FY25, and fixed August 7, 2025 for the 69th AGM. Chairman Emeritus Mr. T T Jagannathan will retire at the AGM and continue as Chairman Emeritus. The company also completed a Rs. 200 Cr buyback in September 2024 at Rs. 1,200 per share.
Headline earnings are hit by the UK impairment, but excluding this one-off charge, standalone EPS still fell to Rs. 14.16 (vs Rs. 17.23), showing underlying pressure on margins. The healthy 600% dividend and zero debt cushion shareholders, but the weak Q4 and loss at consolidated level may weigh on near-term sentiment.