TTK Prestige Q3FY26 Results: Net Profit Falls 46% to ₹29.45 Crores Despite Revenue Growth
TTK Prestige Limited reported Q3FY26 net profit of ₹29.45 crores, declining 46% from ₹54.29 crores in Q3FY25, despite revenue growth of 9.7% to ₹731.71 crores. Exceptional charges of ₹24.72 crores, including ₹9.98 crores for Voluntary Retirement Scheme and ₹14.74 crores for Labour Code implementation, impacted profitability. Nine-month revenue grew 8.6% to ₹2,093.12 crores while net profit fell 15.1% to ₹134.68 crores.

*this image is generated using AI for illustrative purposes only.
TTK Prestige Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing revenue growth but declining profitability due to exceptional charges. The Board of Directors approved these results at their meeting held on January 29, 2026.
Financial Performance Overview
The company's Q3FY26 performance reflected mixed results with top-line growth accompanied by bottom-line pressure from exceptional items.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹731.71 crores | ₹666.75 crores | +9.7% |
| Net Profit | ₹29.45 crores | ₹54.29 crores | -45.8% |
| Profit Before Tax (before exceptional items) | ₹64.31 crores | ₹71.75 crores | -10.4% |
| Basic EPS | ₹2.15 | ₹3.96 | -45.7% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company demonstrated resilience in revenue generation while facing profitability challenges.
| Parameter | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,093.12 crores | ₹1,926.52 crores | +8.6% |
| Net Profit | ₹134.68 crores | ₹158.74 crores | -15.1% |
| Basic EPS | ₹9.83 | ₹11.51 | -14.6% |
Exceptional Items Impact
The quarter's profitability was significantly affected by exceptional charges totaling ₹24.72 crores, comprising two major components:
- Voluntary Retirement Scheme: ₹9.98 crores for employees at the Hosur factory who opted for the scheme
- Labour Code Implementation: ₹14.74 crores representing incremental impact from new wage definitions under the four Labour Codes notified by the Government of India on November 21, 2025
Operational Expenses and Business Excellence Initiative
The company continued its business excellence initiative with expenditure of ₹22.83 crores in Q3FY26 compared to ₹4.21 crores in Q3FY25. For the nine-month period, such expenses reached ₹58.43 crores versus ₹13.40 crores in the previous year, reflecting the company's ongoing efforts to achieve sustainable cost savings.
Corporate Governance Updates
The Board also approved amendments to the Policy on Related Party Transactions, aligning with SEBI (LODR) (Fifth Amendment) Regulations, 2025 dated November 18, 2025. The Audit Committee and Board of Directors considered and adopted the amended policy, which is available on the company's website.
Consolidated Results
On a consolidated basis, the company reported revenue of ₹801.40 crores in Q3FY26 and net profit of ₹31.78 crores. The consolidated entity includes TTK Prestige Limited as the parent company, TTK British Holdings Limited with its subsidiary Horwood Homewares Limited, and 51% subsidiary Ultrafresh Modular Solutions Limited.
Historical Stock Returns for TTK Prestige
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.27% | +0.67% | -6.68% | -8.44% | -20.81% | -0.87% |


































