Conference Call with TTK Prestige Management and Analysts on Q2FY24 Performance and Outlook. Listen to the full earnings transcript.
Houseware company TTK Prestige announced Q2FY24 & H1FY24 results: Q2FY24: Domestic Sales: Rs 665.4 crore (Previous Year: Rs 790.6 crore) - The delay in the festival season compared to the previous year impacted domestic sales. Export Sales for the quarter: Rs 18.3 crore (Previous Year: Rs 17.3 crore), registering a growth of 6%. Total Sales: Rs 683.7 crore, compared to Rs 807.9 crore in the previous year. EBITDA: Rs 100.15 crore (Previous Year: Rs 127.11 crore). EBITDA margin: 14.6% (Previous Year: 15.7%). Operating EBITDA margin: 12.4% (Previous Year: 14.8%). Profit before Tax: Rs 83.7 crore (Previous Year: Rs 115.0 crore). Profit after Tax: Rs 62.2 crore (Previous Year: Rs 85.7 crore). Earnings Per Share (EPS): Rs 4.49 per equity share of face value Re 1/- each (Previous Year: Rs 6.18). Consolidated turnover: Rs 729.5 crore (Previous Year: Rs 842.4 crore). Consolidated Profit before Tax: Rs 79.5 crore (Previous Year: Rs 113.7 crore). Consolidated Profit after Tax (including Share of Associates): Rs 59.04 crore (Previous Year: Rs 83.9 crore). Consolidated EPS: Rs 4.28 per equity share of face value Re 1/- each (Previous Year: Rs 6.05). H1FY24: Domestic Sales: Rs 1,195.7 crore (Previous Year: Rs 1,368.0 crore). Export Sales for H1FY24: Rs 38.0 crore (Previous Year: Rs 39.6 crore). Total Sales: Rs 1,233.7 crore, compared to Rs 1,407.6 crore in the last year. EBITDA: Rs 183.0 crore (Previous Year: Rs 216.7 crore). EBITDA margin: Around 14.8% (Previous Year: 15.4%). Operating EBITDA margin: 12.3% (Previous Year: 14.6%). Profit before Tax: Rs 151.6 crore (Previous Year: Rs 192.7 crore). Profit after Tax: Rs 112.6 crore (Previous Year: Rs 143.3 crore). EPS: Rs 8.13 per equity share of face value Re 1/- each (Previous Year: Rs 10.34). Consolidated turnover: Rs 1,317.1 crore (Previous Year: Rs 1,471.4 crore). Consolidated Profit before Tax: Rs 143.76 crore (Previous Year: Rs 186.8 crore). Consolidated Profit after Tax (including Share of Associates): Rs 106.35 crore (Previous Year: Rs 137.1 crore). Consolidated EPS: Rs 7.74 per equity share of face value Re 1/- each (Previous Year: Rs 9.89). Result PDF
Conference Call with TTK Prestige Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.