TTK Prestige consolidated net profit declines 32.36% in the March 2018 quarter

Capital Market 

Sales rise 11.62% to Rs 443.66 crore

Net profit of Prestige declined 32.36% to Rs 37.44 crore in the quarter ended March 2018 as against Rs 55.35 crore during the previous quarter ended March 2017. Sales rose 11.62% to Rs 443.66 crore in the quarter ended March 2018 as against Rs 397.47 crore during the previous quarter ended March 2017.

For the full year,net profit rose 74.90% to Rs 263.49 crore in the year ended March 2018 as against Rs 150.65 crore during the previous year ended March 2017. Sales rose 7.23% to Rs 1871.35 crore in the year ended March 2018 as against Rs 1745.14 crore during the previous year ended March 2017. ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales443.66397.47 12 1871.351745.14 7 OPM %13.6212.52 -13.2212.29 - PBDT63.9649.82 28 255.78213.66 20 PBT57.5040.93 40 230.17187.93 22 NP37.4455.35 -32 263.49150.65 75

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First Published: Mon, May 21 2018. 15:31 IST