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Latest news about TTK Prestige

TTK Prestige Implements Voluntary Retirement Scheme at Hosur Factory 8 days ago

TTK Prestige Limited has launched a Voluntary Retirement Scheme (VRS) for workmen at its Hosur factory. The scheme, closing on November 1, 2025, has already seen acceptance from approximately 43 workmen. The estimated financial impact is ₹9.5 crores. The company views this as mutually beneficial and has informed the National Stock Exchange and BSE Limited in compliance with SEBI regulations.

TTK Prestige Reports Robust Q2 Performance with 11% Revenue Growth Oct 28, 2025

TTK Group Chairman Emeritus TT Jagannathan Passes Away, Leaves Legacy of Innovation Oct 10, 2025

TTK Prestige Mourns Loss of Promoter Group Member T T Venkatesh Sep 18, 2025

TTK Prestige Appoints Tamilselvan Sankaralingam as Chief Technology Officer Sep 16, 2025

More news about TTK Prestige

04Sept 25

TTK Prestige Concludes Long-Term Settlement with Workers at Gujarat Factory

TTK Prestige Limited has concluded a long-term settlement with permanent workmen at its Karjan, Gujarat unit. The agreement aims to boost productivity while providing increased benefits to workers. The company officially disclosed this information to the National Stock Exchange and BSE Limited, emphasizing the settlement's focus on improved productivity commensurate with enhanced worker benefits.

23Aug 25

TTK Prestige's Roorkee Plant Hit by Floods, Full Operations Expected to Resume August 25

TTK Prestige Limited's manufacturing plant in Roorkee, Uttarakhand, has experienced operational disruptions due to heavy rains and flooding. The company has partially resumed production and expects full operations to resume by August 25. TTK Prestige is assessing potential asset damage, but all assets are insured. The company does not anticipate a material impact on overall operations due to sufficient capacity at other locations. TTK Prestige will continue to monitor the situation and provide updates.

29Jul 25

TTK Prestige Reports 4.3% Revenue Growth, Invests in Strategic Initiatives

TTK Prestige's Q1 FY2026 results show a 4.3% YoY increase in total sales to Rs 574.80 crore. Domestic sales grew 4.7% to Rs 559.20 crore. Despite revenue growth, profitability declined due to strategic investments of Rs 17.70 crore. Operating EBITDA decreased to Rs 51.00 crore, and PAT fell to Rs 35.10 crore. The company expects EBITDA margins to exceed 13% after completing investments. E-commerce led growth across channels, while rural markets faced challenges. TTK Prestige maintains a strong financial position with over Rs 816.00 crore in free cash and plans to invest Rs 200.00 crore over three years for strategic projects.

28Jul 25

TTK Prestige Faces Potential Export Challenges Amid Global Trade Tensions

TTK Prestige reported a decline in export sales from Rs 17.40 crore to Rs 15.60 crore in the quarter ended June 30, attributed to logistic constraints and trade tariff uncertainties. The company's management highlighted concerns about the impact of ongoing tariff conflicts on its export operations, particularly in the US market. Despite these challenges, TTK Prestige's total sales grew by 4.3% year-on-year, driven by a 4.7% increase in domestic sales. The company is focusing on strategic initiatives for business excellence and cost savings, investing Rs 17.71 crore in the recent quarter.

28Jul 25

TTK Prestige Reports Mixed Q1 Results: Revenue Up, Profit Down

TTK Prestige's Q1 financial results show a 3.60% increase in consolidated revenue to ₹609.30 crore. However, net profit declined by 36.22% to ₹26.63 crore. EBITDA fell to ₹40.40 crore with margin contracting to 6.62%. The company incurred ₹17.71 crore in expenses for business excellence initiatives. Despite challenges, TTK Prestige maintains focus on its Kitchen & Home appliances segment.

28May 25

TTK Prestige Q4 Revenue Grows 4.3% YoY, Dolat Capital Adjusts Rating

TTK Prestige announced Q4 revenue of Rs 6.50 billion, up 4.30% year-over-year. The company saw reduced raw material costs but increased staff and operational expenses. Dolat Capital downgraded TTK Prestige's rating to 'Add' and lowered its target price, reflecting a cautious outlook on the company's near-term prospects amid subdued growth compared to industry peers.

27May 25

TTK Prestige Reports Q4 Net Loss, Revenue Growth, and Dividend Declaration

TTK Prestige's Q4 results show a 4.30% YoY revenue increase to ₹650.00 crore, but a significant drop in profitability. The company reported a net loss of ₹40.64 crore, compared to a profit of ₹58.70 crore in the previous year. EBITDA decreased by 33.00% to ₹51.53 crore, with the EBITDA margin contracting by 500 basis points to 7.93%. An exceptional charge of ₹71.42 crore due to impairment impacted the bottom line. Despite challenges, TTK Prestige declared a dividend of ₹6.00 per share.

26Mar 25

TTK Prestige to Review Q4 Results and Consider Dividend on May 27

TTK Prestige has announced a board meeting for May 27, 2023, to review and approve Q4 and full-year financial results for FY 2022-23. The board will consider dividend recommendations and set the date for the Annual General Meeting. The trading window for designated persons is closed from April 1 to May 29, 2023, in compliance with SEBI regulations.

24Mar 25

TTK Prestige Announces Major Leadership Transition for 2025

TTK Prestige, India's leading kitchen appliances manufacturer, has announced significant leadership changes effective March 25, 2025. T T Jagannathan will step down as Non-Executive Chairman after 50 years, becoming Chairman Emeritus and Non-Executive Director. T T Raghunathan will succeed as Non-Executive Chairman, while Dr. Mukund T T will become Non-Executive Vice Chairman. Four Independent Directors will complete their final terms. The company ensures board composition will remain compliant with applicable laws.

19Feb 25

TTK Prestige Unveils Ambitious ₹500 Crore Investment Plan to Boost Growth

TTK Prestige, a leading kitchen appliances manufacturer, has unveiled a ₹500 crore investment plan over the next three years starting from Q4 FY 2024-25. The plan allocates ₹200 crore for operational improvements and ₹300 crore for capital expenditure. It aims to strengthen the company's core business in pressure cookers, cookware, and domestic kitchen appliances. The investment focuses on innovation, manufacturing improvements, market strategies, and logistics enhancement. While cautioning about potential short-term impacts on EBITDA margins, the company expects long-term benefits including robust growth and sustainable cost savings.