Kitchen appliances firm TTK Prestige on Wednesday reported an increase of 18.25 per cent in its standalone net profit at Rs 43.80 crore for March quarter 2018-19.
The company posted a profit of Rs 37.04 crore in the January-March quarter a year ago, TTK Prestige said in a BSE filing.
Total income during the quarter under review was at Rs 452.73 crore, up 7.23 per cent from Rs 422.20 crore in the year-ago period.
Total expenses in March quarter stood at Rs 387.85 crore as compared to Rs 365.44 crore in the same period of 2017-18.
ALSO READ:M&M net profit dips 29% to Rs 5,315 crore in FY19, board recommends dividend of Rs 8.50 per share
For 2018-19, TTK Prestige reported a profit of Rs 190.31 crore. It was Rs 256.87 core in 2017-18.
Total income during the last fiscal stood at Rs 1,993.62 crore. It was Rs 1,760.16 crore in the previous fiscal.
The company's board has recommended a dividend of Rs 30 per share of face value of Rs 10 each for 2018-19.
Shares of TTK Prestige settled at Rs 7,249.90 per scrip on BSE, down 0.14 per cent from the previous close.
ALSO READ:Adani Power posts Rs 634.64 crore net profit in March quarter