The company’s revenue from operations was up 4.34 per cent to reach Rs 649.56 crore in the recently concluded quarter
Impacted by a dip in rural demand, Kitchenware Maker TTK Prestige has posted a loss of Rs 40.64 crore, attributable to the owners, in the fourth quarter of the fiscal year 2025 (Q4FY25), as compared to a profit of Rs 58.71 crore in Q4FY24.
The company’s consolidated profitability was primarily impacted due to an exceptional charge of Rs 71.4 crore during the quarter (nil in the previous year) towards provision for impairment of goodwill in the United Kingdom (UK) subsidiary, taking into account continued stress in the UK economy, compounded by the tariff war threat from the United States (US).
The financial results of the company revealed that the revenue from operations was up 4.34 per cent to reach Rs 649.56 crore in the recently concluded quarter from Rs 622.56 crore in Q4FY24. On a full-year basis, the company posted revenue from operations at 2,714.78 crore in FY25, while the profit attributable to the owners dipped to Rs 112.44 crore in FY25 from Rs 228.48 crore in FY24, the company stated in an exchange filing.
Domestic sales grew by three per cent year-on-year (YoY) during Q4 to reach Rs 582.2 crore. Export Sales for the quarter stood at Rs 21.6 crore, an uptick of 60 per cent YoY. The earnings before interest, tax, depreciation and amortisation (EBITDA) (before exceptional items) was at Rs 72.5 crore in Q4FY25 as compared to Rs 100 crore in Q4FY24.
The increasing trend in the aluminium prices continued during the quarter, though some pause in the increase was noticed post-year-end, as per the investor presentation by the company. TTK Prestige stated that the demand in the rural market was impacted by the challenges faced by the MFIs continued to be affected even in the recently concluded quarter.
Dividend Recommended
The Board has recommended a dividend of Rs 6 per share (600 per cent) for the financial year 2024-25, which shall be paid within 30 days from the date of the annual general meeting (AGM), subject to the approval of the shareholders at the ensuing 69th AGM of the company, it stated in the exchange filing.
