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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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TTK Prestige FY26 net profit jumps 45% on strong demand, ...
BL Bengaluru Bureau · 2026-05-22 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The company introduced a range of innovative go-to-market strategies that enabled sustained and consistent growth across all quarters

The company introduced a range of innovative go-to-market strategies that enabled sustained and consistent growth across all quarters

Bengaluru-based kitchen and home appliances company TTK Prestige swung to a net profit of ₹36.08 crore in Q4 FY26 from a loss of ₹42.39 crore in the corresponding quarter in the previous financial year. This was primarily aided by higher revenue and improved operating performance.

The net profit for the full financial year of 2026 was recorded at ₹156.67 crore, up 45 per cent from ₹108.01 crore in the previous fiscal. Revenue from operations shot up 12.26 per cent y-o-y to ₹729.17 crore, an increase from ₹649.56 crore in Q4 FY25. The revenue for the full financial year of 2026 saw a 9.53 per cent increase to ₹2,973 crore.

growth stategies

The company introduced a range of innovative go-to-market strategies that enabled sustained and consistent growth across all quarters. These initiatives strengthened the company’s performance across various channels and product categories, reinforcing its market position.

During FY26, the kitchenware and kitchen appliances segment, in which the company primarily operates, saw steady growth, supported by resilient domestic demand, urbanisation and evolving consumer preferences across categories such as pressure cookers, cookware, gas stoves and small appliances, the company said.

Despite headwinds such as supply chain disruptions, commodity price fluctuations, and geopolitical uncertainties, the industry sustained growth on the back of robust domestic demand. Replacement purchases, higher incomes, organised retail growth, modular kitchen adoption, and increased non-gas appliance demand supported momentum.

Profit before exceptional items and tax rose to ₹58.39 crore in Q4 FY26 from ₹45.38 crore a year earlier. The quarter also included a one-time exceptional loss of ₹1.82 crore linked to labour code-driven employee benefit adjustments. TTK Prestige posted 9.6 per cent sales growth in FY26, supported by growth across product categories and sales channels, ending its recent low-growth phase. The company maintained leadership in key segments, while new products contributed over 30 per cent of sales. General trade, Prestige Xclusive stores, modern trade and e-commerce performed well, though rural markets and the canteen stores department channel remained weak.

Commenting on the performance, Venkatesh Vijayaraghavan, MD and CEO, speaking in a post quarter investor call, said: “Overall, the pressure of the supply chain, the pressures of rising raw material prices and also, the uncertainty of geopolitical tensions continue to weigh on this industry as well as it is being seen across the country." From a TTK Prestige perspective, the company had a quarter four growth of around 14.4 per cent for the domestic market, he added.

Published on May 22, 2026