TTK Prestige Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
TTKPRESTIG · price
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TTK Prestige reported Q1 FY26 standalone revenue from operations of ₹574.77 Cr, up 4.3% year-on-year from ₹551.25 Cr. However, standalone profit after tax fell sharply by about 25% to ₹35.13 Cr (from ₹46.85 Cr), and profit before tax dropped to ₹47.21 Cr from ₹62.68 Cr. Consolidated revenue rose modestly to ₹609.30 Cr, but consolidated PAT declined to ₹25.62 Cr from ₹40.79 Cr. The standalone EPS came in at ₹2.56 versus ₹3.38 in the same quarter last year. Other expenses surged to ₹136.62 Cr (from ₹116.88 Cr) largely because the company spent ₹17.71 Cr on a 'business excellence and sustainable cost savings' programme, compared with just ₹1.31 Cr a year ago. UK subsidiary Horwood Homewares and Ultrafresh Modular Solutions continued to post losses, dragging the consolidated numbers. The auditor, PKF Sridhar & Santhanam LLP, issued an unmodified review report with no qualifications.
Margins have visibly compressed as spending on restructuring and the business excellence programme is hitting the P&L well ahead of any expected savings. The persistent drag from UK operations is keeping consolidated earnings weak, which could pressure the stock in the near term even though the core Indian business continues to grow.