TTK Prestige Q1 profit more than doubles on induction-led domestic demand
TTK Prestige reported first-quarter consolidated net profit of ₹59.33 crore, up from ₹26.63 crore a year earlier, helped by stronger demand for induction cooktops, induction pressure cookers and premium cookware. Export revenue fell nearly 18% amid shipping disruption.
TTK Prestige’s first-quarter profit more than doubled as domestic demand strengthened for induction cooktops, induction pressure cookers and premium cookware. Cookware and cooker sales rose sharply, while exports fell 18% amid Strait of Hormuz shipping disruptions.
Why this matters
The profit surge follows TTK Prestige’s reported 34% Q1 revenue rise to ₹814 crore and its Q4 return to profit as LPG shortages lifted induction cooktop demand. FY26 profit also rose 45% on new products and Xclusive stores.
Retail-company signals are accelerating, up 391367% QoQ.