TTK Prestige Limited has informed the Exchange regarding Appointment of Mr R V Krishnan as Tax Auditor of the company for the F.Y. 2026-27 w.e.f. April 01, 2026.
TTKPRESTIG · price
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TTK Prestige Limited reported standalone revenue of ₹2,772.69 crore for FY 2025-26, up 9.6% from ₹2,530.32 crore in the prior year. Standalone PAT grew 14% to ₹185.47 crore (PY: ₹162.68 crore). Consolidated revenue stood at ₹2,973.57 crore with PAT of ₹156.67 crore. The statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results, with no qualifications or going concern observations. The Board recommended a dividend of ₹7.50 per share (750%) for FY 2025-26, subject to shareholder approval at the 70th AGM scheduled for August 4, 2026. Multiple audit appointments were made for FY 2026-27: Ms. Jayanthi Hari as Cost Auditor, M/s. S Viswanathan LLP as Internal Auditor, and Mr. R V Krishnan as Tax Auditor. The UK-based subsidiaries (TTK British Holdings and Horwood Homewares) together reported a net loss of ₹20.79 crore for the year, contributing to the gap between standalone and consolidated profitability. The Board also approved continuation of Mr. T T Raghunathan as Non-Executive Chairman beyond age 75, to be ratified by shareholders.
Clean audit results with ~14% PAT growth and a 750% dividend are positive signals. The revenue growth of ~10% is respectable but below high-growth benchmarks. The persistent losses in the UK subsidiary remain a drag on consolidated performance, though not alarming given the clean audit opinion.