TTK Prestige Limited has registered an all time high of Rs. 340 crores in the financial year ended 31st March 2008 as per the audited results announced in June 2008. 

The performance highlights are as follows:
· Sales grew by around 16% (from Rs.293 Crs to Rs.340 Crs)
· Profit before extra ordinary items increased by 27%. (from Rs.16.60 Crs to Rs.21.15 Crs.)
· Profit after tax increased by 75.6%. (from Rs.Rs.11.77 crores to Rs.20.67 Crs)
· Operating EBIDTA/ Sales ratio improved to 9.65% from 8.79%
· Borrowings reduced by Rs.27 Crores
· Operating EBIDTA/Capital Employed ratio improved sharply to 27.23% from 20.05%
· Earnings Per share rose to Rs.18.21 from Rs.10.31 i.e a growth of 77%

Commenting on this progress, Mr. T. T. Jagannathan, Chairman, TTK Group said “the company’s robust growth has been aided through introduction of several new products, aggressive brand building, launch of new retail format like Prestige Kitchen Boutique. TTK Prestige has also been declared as India’s most preferred brand ‘Mera Brand’ through a nationwide survey by the 5th Consumer World Awards in the pressure cooker category.”

About TTK Prestige: 
TTK Prestige Limited is a part of the Rs.1200 crore TTK Group and is the largest Kitchen Appliances Company in the country. The brand has a varied product portfolio ranging from pressure cookers, non-stick cookware, and gas stoves to electrical appliances and kitchen tools. The company also has a series of exclusive retail showrooms called Prestige Smart Kitchens across the country.

Overseas, Prestige products are sold under the Manttra brand name. Manttra is available in the US in major retail chains like K. Mart, Target, Sears and others. Prestige cookers also reach countries in West Asia, African and Australian continents as per a licensing arrangement with Meyer Hong Kong. The company presently has manufacturing set-ups in Hosur, Coimbatore and Uttarakhand and 22 sales branches located across the country to cater to the needs of specific markets. TTK Prestige is the first kitchenware company in India to receive the ISO 9001 certification and the PED / CE certification by TUV, Germany.
TTK Prestige Ltd is listed on both BSE & NSE. 

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                                                                                 A TTK Logo Group Company

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