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Kitchen appliances firm TTK Prestige today reported 62.76 per cent decline in net profit at Rs 9.76 crore for the quarter ended March 31, 2015.
It had posted a net profit of Rs 26.21 crore in the January-March period of 2013-14 fiscal, the company said in a BSE filing.
Net sales were up 5.02 per cent at Rs 286.21 crore in the fourth quarter against Rs 272.52 crore in the same period of 2013-14.
During 2014-15 fiscal, TTK Prestige reported a decline of 17.41 per cent in net profit at Rs 92.32 crore against Rs 111.79 crore in the previous fiscal.
Net sales during fiscal 2014-15 were up 7.3 per cent at Rs 1,388.29 crore against 1,293.83 crore in 2013-14.
Meanwhile, in a separate filing TTK Prestige informed that its board has recommended a dividend of Rs 22 per share.
TTK Prestige shares ended down by 5.68 per cent at Rs 3,701 on the BSE.
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