TTK Prestige Ltd on Tuesday released its fiscal fourth quarter earnings wherein it recorded a loss of Rs 40.64 crore in comparison to a profit of Rs 58.71 crore reported during the corresponding quarter of previous financial year. The company recorded an exceptional loss of Rs 71.42 crore during the quarter vs nil the previous year.
It posted revenue from operations at Rs 649.56 crore, up 4.34 per cent as against Rs 622.56 crore recorded during the fourth quarter of FY24. The company EBITDA was down 33.60 per cent on-year at Rs 51.53 crore.
Post the Q4 results, shares of TTK Prestige dropped by 5.89 per cent at 3:20 pm to a trading price of Rs 646.00.
During the quarter, domestic sales were at Rs 582.2 crore, posting a growth of 3 per cent and export sales for Q4 came in at Rs 21.6 crore, up 60 per cent. Total sales meanwhile came in at Rs 603.8 crore as against Rs 580.4 crore of last year, recording to a growth of 4 per cent.
The company carries a comfortable free cash of over Rs 825 crore (including short term Liquid investments) as on March 31, 2025, after capex, dividend, buyback of equity shares (Rs 248.8 crore), CCD investment in GramyaHaat and after deploying sufficient amounts in working capital for a cost-effective supply chain.
Dividend announcement
The company board has recommended a dividend of Rs 6 per share i.e. 600 per cent for the financial year 2024-25 which shall be paid within 30 days from the date of AGM.
The 69th Annual General Meeting of the company has been scheduled to be held on August 07, 2025, through Video Conferencing/ Other Audio Visual Means (VC / OAVM).