TTK Prestige Q3FY26 Results: Net Profit Falls 46% to ₹29.45 Crores Despite Revenue Growth

2 min read     Updated on 29 Jan 2026, 01:12 PM
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Overview

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.

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*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 Day5 Days1 Month6 Months1 Year5 Years
-2.27%+0.67%-6.68%-8.44%-20.81%-0.87%

TTK Prestige Limited Schedules Q3FY26 Earnings Call for January 29, 2026

1 min read     Updated on 06 Jan 2026, 12:45 PM
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Reviewed by
Ashish TScanX News Team
Overview

TTK Prestige Limited has scheduled an earnings call for January 29, 2026, at 3:30 PM IST to discuss Q3FY26 unaudited financial results for the quarter and nine months ended December 31, 2025. The call will feature senior management including MD & CEO Mr. Venkatesh Vijayaraghavan, Advisor Mr. K. Shankaran, and Whole-Time Director & CFO Mr. R. Saranyan, moderated by Ambit Capital. The company has provided multiple access numbers including international toll-free options for Singapore, Hong Kong, USA, and UK participants.

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*this image is generated using AI for illustrative purposes only.

TTK Prestige Limited has announced its earnings call to discuss the unaudited financial results for the third quarter and nine months ended December 31, 2025. The conference call is scheduled for January 29, 2026, at 3:30 PM IST, in compliance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Management Participation

The earnings call will feature key management representatives who will discuss the company's Q3FY26 performance. The senior management team participating in the call includes:

  • Mr. Venkatesh Vijayaraghavan - Managing Director & Chief Executive Officer
  • Mr. K. Shankaran - Advisor to Board
  • Mr. R. Saranyan - Whole-Time Director & Chief Financial Officer

The teleconference will be moderated by Yash Jain from Institutional Equities, Ambit Capital.

Conference Call Access Details

TTK Prestige Limited has provided comprehensive access information for participants to join the earnings call:

Access Method: Details
Date: January 29, 2026
Time: 3:30 PM (IST)
Primary Numbers: +91 22 6280 1148, +91 22 7115 8049
Registration: DiamondPass (recommended to avoid wait time)

International Access Numbers

For international participants, the company has arranged toll-free numbers across multiple regions:

Country/Region: Access Number
Singapore: 800 101 2045
Hong Kong: 800 964 448
USA: 1 866 746 2133
UK: 0 808 101 1573

Regulatory Compliance

The earnings call announcement was made in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Manjula K V, Company Secretary & Compliance Officer, and communicated to both the National Stock Exchange and BSE Limited on January 6, 2026.

Participants are advised to dial in a few minutes prior to the scheduled time to ensure smooth connectivity. The company has also indicated that the conference call information will be published on its official website for broader accessibility.

Historical Stock Returns for TTK Prestige

1 Day5 Days1 Month6 Months1 Year5 Years
-2.27%+0.67%-6.68%-8.44%-20.81%-0.87%

More News on TTK Prestige

1 Year Returns:-20.81%