trending Market Intelligence /marketintelligence/en/news-insights/trending/49h0pA4zMayBhrAQcVphbw2 content esgSubNav
In This List

TTK Prestige profit misses consensus by 24.6% in fiscal Q3

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Price wars in India: Disney+ Hotstar vs. Amazon Prime Video vs. Netflix


TTK Prestige profit misses consensus by 24.6% in fiscal Q3

TTK Prestige Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, amounted to 21.85 Indian rupees per share, compared with the S&P Capital IQ consensus estimate of 28.99 rupees per share.

EPS fell year over year from 22.59 rupees.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 254.4 million rupees, a decline from 263.0 million rupees in the year-earlier period.

The normalized profit margin fell to 6.6% from 7.1% in the year-earlier period.

Total revenue rose year over year to 3.84 billion rupees from 3.69 billion rupees, and total operating expenses rose on an annual basis to 3.43 billion rupees from 3.28 billion rupees.

Reported net income fell year over year to 280.6 million rupees, or 24.10 rupees per share, from 294.9 million rupees, or 25.33 rupees per share.

As of Jan. 21, US$1 was equivalent to 61.50 Indian rupees.