TTK Prestige Q3 FY26 Profit Plunges 46% Amid Soaring Input Costs
Brand Marketing
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Storyboard•30-01-2026, 13:37
TTK Prestige Q3 FY26 Profit Plunges 46% Amid Soaring Input Costs
- •TTK Prestige reported a 46.2% year-on-year decline in net profit for Q3 FY26, reaching Rs 29.45 crore.
- •The significant profit drop is attributed to a surge in input and operating costs, as highlighted by Managing Director Venkatesh V.
- •Total expenditure increased to Rs 684.74 crore, driven by higher raw material costs, employee benefits, and other operating expenses.
- •Despite the profit decline, revenue from operations grew 9.7% year-on-year to Rs 731.71 crore.
- •Sequentially, profit fell 58% from Q2 FY26, and revenues declined 9.74% quarter-on-quarter.
Why It Matters: TTK Prestige's Q3 FY26 profit sharply declined due to rising input costs, despite revenue growth.
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