TTK PRESTIGE = QTRLY RESUL;TS = FOR Q3 2011 ENDING DECEMBER,2010 = NET PROFIT UP BY OVER 91% YOY = FANTASTIC ALL ROUND IMPROVEMENT = FUTURE MORE PROMISING

TTK Prestige Limited

NSE Symbol      TTKPRESTIG

RESULTS FOR Q3

ENDING DECEMBER,2010

Net Sales is Rs.236 cr – up by 18.31% from Q2; up by 62.68% from Q1; up by 91.44% from Q4 of FY10; and up by a Huge 61.15% from Q3 FY10.

Operating Profit  is Rs.41 Cr – up by 29.66% from Q2; Up by 87.45% from Q1; Up by 143.57% from Q4 of FY 10;  and up by a huge 87.11% from Q3 of FY10.

Net Profit is Rs.29 Cr – up by 34.36% from Q2; up by 82.72% from Q1; up by 129.01% from Q4 of FY10; and up by a Huge 91.06% from Q3 of FY10.

Basic EPS is Rs.25.87 – compared to Rs.19.26 in Q2; Rs.14.16 in Q1; Rs.11.3  in Q4 of FY10; and Rs.13.54 in Q3 of FY10.

TTK Prestige has thus produced a fantastic improvement in its Q3 FY11 performance – over all preceding quarters.

Its current MP is Rs.1476. Current year EPS could be around 85.16. The PE Ratio at this rate works out to 17.32, which is still considered cheap.

RESULTS IN NUMBERS :

TTK PRESTIGE	31-Dec-10	30-Sep-10	30-Jun-10	31-Mar-10	31-Dec-09
Net Sales	23645	19986	14535	12351	14673
Net Sales	236	18.31	62.68	91.44	61.15
Increase/decrease in SIT & WIP	807	-1439	-611	-184	-654
Raw Materials	5206	4491	4110	3370	3298
Traded Goods	6840	7901	3905	3796	4776
Employees Cost	1439	1393	1167	951	1020
Depreciation	112	104	98	104	87
Other Expenditure	5132	4367	3674	2627	3950
Total Expenditure	19536	16817	12343	10664	12477
Profit from Operations	4109	3169	2192	1687	2196
OPT	41	29.66	87.45	143.57	87.11
Other Income	116	107	96	70	33
Interest	18	19	17	28	17
Profit before tax	4207	3198	2271	1729	2212
Tax expense	1278	1018	668	545	679
Net Profit	2929	2180	1603	1279	1533
NPT	29	34.36	82.72	129.01	91.06
Dividend (%)	-	-	-	100	-
Face Value.Rs	10	10	10	10	10
Paid Up Equity Share Capital	1132	1132	1132	1132	1132
Basic EPS	25.87	19.26	14.16	11.3	13.54
Public holding (%)	25.08	25.08	25.08	25.08	25.08

12-01-2011          Ttk Prestige Limited has informed the Exchange that TTK Prestige Limited is signing an MOU with Government of Gujarat for establishing a state of art facility for manufacture of Pressure Cookers and Kitchenware.

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