Document 6563837

TTK Prestige
LIMITED
/ ST TOVRheinland
/2 /\ %\
\*-*/
-
i „E.sfl CERT
'6..ci:4'' ISO 9001
Corporate Office: 1 lth Floor, Brlgade Towers, 1 35, Brigade Road. Bangalore - 560 025. INDIA
Phone: 91-80-2221 7438/39, Fax: 91-80-22277446, E-man: [email protected]
www.ttkprestige.com CIN . L85110TZ1955PLC015049
October 13, 2014
Bombay Stock Exchange
National Stock Exchange
Dear Sir,
Sub: Un-audited Financial Results for the second quarter and
half year ended 30th September, 2014
Kindly find enclosed a statement of Un-audited Financial Results approved
by the Board of Directors for your records along with the Limited Review
Report of the Auditors. The same is being published in the Press as per
statutory requirements.
Thanking you,
Yours faithfully,
for TTK Prestige Limited,
IC·-lk.1,-
K. Shankaran
Director & Secretary
End: a/a
Aitk Group Company
IReaistered Office: Plot No.38, SIPCOT Industrial Complex, Hosur - 635126, Tamil Nadu. INDIAl
I·d
EI:*I *I 400 EI
1TK Prestige Limited
Statement of gn-Audited Financial Results for the Half year/Quarter ended 30th fepi8Aiber 2014
- - · -1
i
-.--...
PARTl
Sales/Income from operations
Less; Excise Duty
1.(al
(W
30.06.2014
30.09.2013
30.09.2014
30.09.2013
31.3.2014
Unaudited
Unaudited
Unaudited
Unaudited
Unaudited
Audited
39141
34420
35318
73561
66666
132338
946
781
764
1727
1479
34554
71834
65187
2955
129383
33639
Net Sales/Income from operationsINet of excise duty)
38195
Other Operating Income
Total Income from operations Inet)
0
0
0
0
0
0
38195
33639
34554
71834
65187
129383
10710
10454
9173
21164
19101
36699
10652
7720
9089
18372
17040
38268
132
374
2055
506
1437
(1732)
2671
2536
2292
5207
9100
480
457
397
937
4502
637
9412
7506
30512
17864
64050
14531
31026
34057
8452
29993
57248
114838
4138
3646
4042
7784
263
233
7939
436
14545
122
4249
8768
4305
8017
8375
15333
105
59
218
164
525
854
4144
3709
4087
7853
7850
0
0
0
0
0
14479
696
4144
3709
4087
7853
7850
15175
1224
934
656
2158
1760
2954
122
123
401
245
481
1042
Net Profit(+1/Loss(-)from ordinary activities after tax(9-10)
Extra-ordinary items (Net of tax expensej
Net Profit[+)/Loss(-} for the period (11+12)
2798
2652
3030
5450
5609
11179
2798
2652
3030
5450
5609
11179
1164
1164
1164
1164
1164
1164
Paid up Equity Share Capitaltface Value Rs.10/-)
Balance Sheet of
Reserves excluding Revatuation Reserves as per
al Cost of Materials consumed
b) Purchase of stock-in-Trade
in Progess and
c) Changes in Inventories of Finished Goods, Work
Stock-in-Trade
6) Employee benefits expense
el Depreciation and amortisation expense
f) Other expenses
TotaIExpenses
3.
Profit from ordinary activities before other income,Finance costs
4.
& exceptional items(l-21
Other Income
Profit from ordina ry activities before finance costs and
5.
exceptional items<3+4
Finance Costs
6.
9
Profit from ordinary activities after finance costs but before
exceptional items(5-6}
Exceptional items
Profit(+)/Loss(-)from ordinary activities before tax<7-8}
10
Tax Expense
7.
8.
-
Current Tax
Deferred -Tax
11
12.
13.
14.
15.
16.
Yearended
30.09.2014
Expenses
2.
RRs in takhs)
Halfyearended
Quarter ended
PARTICULARS
51.No.
111
1477
788
57151
previous account year
Earnings Per Share- Rs.Ps.
a) Basic and Diluted EPS before Extraordinary items for the
the previous year (Not to be
period, forthe yeartodate, and for
annualised}
24.04
22.78
26.03
46.82
48.18
96.78
24.04
22.78
26.03
46.82
48.18
96.78
bl Basic and Diluted EPS after Extraordinary items for the
period,for the year todate. and for the previous year INotto be
annualised)
PART 11
A
PARTICULARS OF SHAREHOLDING
1
Public Share holding
-Number of Shares
2
-Percentage of shareholding
Promoters and Promoters Group shareholding
la) Pledged/Encumbered
-Number of Shares
-Percentage of Shares as a % of the total shareholding of
promoter and promoter group)
-percentage of Shares (as a % of total share capital of the
companvj
(b) Non-encumbered
Number of Shares
-Percentage of Shares(as a % of the total shareholding of
promoter and promoter groupl
-Percentage of Shares (as a % of total shara capital of the
company)
Particulars
B
3448774
29.63%
3448774
19.63%
3489919
29.98%
3448774
29.63%
3489919
29.98%
3448774
29.63%
Nil
Nil
Nil
Nil
Nil
Nil
Nil
N il
Nil
Nil
Nil
N il
Nit
Nil
Nil
Nil
Nil
Nil
8192416
8192416
8151271
8192416
8151271
8192416
100%
100%
100%
100%
100%
100%
70.37%
70.37%
70.02%
70.37%
70.02%
70.37%
Quarter Ended
INVESTOR COMPLAINTS
the quarter
Pending at the beginning of
Received during the quarter
Disposed of during the quarter
Remaining unresolved at the end of the quarter
2·d
0
69
69
0
PT:6T 4·,T ·lon CT
Standalone Statement of Assets and Liabilities
Particulars
(Rs in Lacs)
31 st Mar-14
Audited
38th-Sep--14
Unaudited
EQUITY AND LIABILITIES
Shareholders' Funds
(a> Share Capjtal
(b) Reserves and Surplus
A
1
(c) Money received against Share Warrants
Sub Total - Shareholders' Funds
1,165
1,165
62,816
57,366
63,981
58,531
43
43
2,298
2,053
500
500
297
412
3,138
3,008
6,642
2,538
14,971
12,301
8,799
1,056
31,468
7,672
3,130
25,641
98,587
87,180
34,201
33,961
2,568
2,431
2
2
1,094
902
37,865
37,296
1,001
903
Share Application Money pending Allotment
Minority Interest
2
3
Non-Current Liabilities
(a) Long-Term Borrowings
(b) Deferred Tax Liabilities (Net)
(c) Other Long Term Liabilities
(d) Long-Term Provisions
Sub Total - Non Current Liabilities
Current Liabilities
(a) Short-Term Borrowings
(b) Trade Payables
(c) Other Current Liabilities
(d) Short-Term Provisions
Sub Total - Current Liabilities
TOTAL - EQUITY AND LIABILITIES
4
5
B
ASSETS
Non-Current Assets
(a) Fixed Assets
1
(i) Capital Work in Progress
(b) Non-Current Investments
(c) Long-Term Loans and Advances
(d) Other Non-Current Assets
Sub Total - Non Current Assets
Current Assets
(a) Current Investments
(b) Inventories
(c) Trade Receivables
(d) Cash and Cash equivalents
(e) Short-Term Loans and Advances
(f) Other Current Assets
Sub Total - Current Assets
2
--
TOTAL ASSETS
E·d
29,134
21 648
3,260
5,201
478
60,722
98,587
CT•.L-T
26,681
14,911
2,960
4,038
391
49,884
87,180
SEGMENT WISE REVENUE RESULTS AND CAPITAL EMPLOYED.
Half yearended
Quaxerended
Particulars
51.No.
Yearended
30.09.2014
30.06.2014
30.09.2013
30.09.2014
30.09.2013
31.3.2014
Unaudited
unaudited
Unaudited
Unaudited
Unaudited
Audited
1 SEGIVIENT REVENUE
Kitchen Appliances
Gross sales
Less: Excise Duty
39141
34420
946
781
Net Sales / Income from Operations
38195
33639
Property&Investment
Less; Inter-Segment Revenue
Net Sales / Income from Operations
35318
764
34554
Property&Investment
1,479
2,955
71834
65187
129383
33
33
21
66
54
115
-33
-27
-66
-54
-115
38195
33639
34554
71834
65187
129383
4221
3740
4282
15234
28
23
7961
S6
8328
28
47
99
4249
3768
8017
164
8375
525
15333
105
59
4305
218
Less, Unallocable Expenses 1 Net of unallocable income)
Total Profit (+1 / Loss(-) from ordinary activities before tax and
0
0
0
0
0
0
4144
3709
4087
7853
7850
14479
exceptional items
Add :Exceptional items
Total Profit (+) / Loss(-) from ordinary activities before tax and
after exceptional items
Extra-ordinaly items
Total Profit (+1/ Lossol from ordinary activities before tax and
after extraordinary items
0
0
0
0
0
696
4144
3709
4087
7853
7850
15175
0
0
0
0
0
4144
3709
4087
7853
7850
15175
67612
61810
3071
58432
67612
58432
3053
3053
2692
60864
3080
70665
64881
2692
61124
70665
61124
63944
0
61124
0
0
0
70665
61124
63944
Total
Less: Interest Expenses
3
66,666
1,727
-33
2 SEGMENT RESULTS
Kitchen Appliances
132,338
73,561
CAPITAL EMPLOYED
15egment Assets Segment Liabilities)
Kitchen Appliances
Property& Investment
Total Capital Emp oyed in Segments
Add: Unallocable Corporate Assets Less Unallocable Corporate
Liabilities
TotaICapitalEmployed inthe Company
0
70665
64881
854
- -1- _ - - _ - _ - - - -i- - »
-,1
were approved by the Board of Directors
.-..1'Ibiaboveresults_h ve.been.revieMedbythe AI itgommi e.of the Board and
-L
.---at its meeting held on October 13th, 2014 , b)Prope=9&Investment
2 The Companyoperates_in two segments namely, a)Kitchen appliances
ing dard on Segment Reporting.
_L
--
- it»gments » been identified in line with the Account
17) consideMng e_ _- -
-1
--
--
_
1
and returns of these segments.
o nisation_structure_and the differential risk
Cgglegflnt! t,sefill life adopted by-the
Notijcation dated 29th August, 2014 and the hnical advice received by the
change.
4 Pursuanito MCA
installationitill the year 2013-14 does not require a
Electrical
and
s
Machinerie
f
respect
in
n
depreciatio
calculating
of
company·.fgrlhe purpose
of Useful life of the Asset which
basis
the
on
calculated
been
has
quarter
the
for
assets,
of
_ quent to this, Depredation an the aforesaid category
used to be adopted
till
been revised accordingly.
FY 2013-14. The figures for the Previous Quarter has also
erever necessary.
5 Pievious Year's figures have been regrouped,wh
6 months ended 30th September 2014.
a Limited Review of results for the
6 The Statutory auditors_have carried out
updated
information.
for
e.com
www.ttkprestig
company's
website
investors can visit the
7 The
1-_
L--.-----Date: 13th October 2014
-1
On'bihilf of-"r.
- 4-.------.----
----»»»«»f '.4
l«-- - 1---:-----
T.T.lagannathan
Chairman
1
Place: Bangalore
t.d
--«
xecutive
CT•.L-T
Phone: 91-44-24991147
24994423
Fax: 91-44-24994510
Email: [email protected]
Website: www.sviswanathan.com
MESSRS. S. VISWANATHAN
C.N. RAMACHANDRAN
B.Com.. RC.A.. AmI.1.(Lond.)
CHARTERED ACCOUNTANTS
V.C. KRISHNAN
17, Bishop Wallers Avenue (West)
Mylapore, Chennal - 600 004.
MA.(Eco.),F.C.A., M.B.A.(U.S.A)
C.N. SRINIVASAN
BRANCHES:
B.Com.. RCA.
27/34,2nd Floor. Nandidurg Road, Jayamahal Extension,
Bangalore - 560 046. Tel.: 080-23530535
CHELLA K. SRINIVASAN
B.Com., RCA,
50, Fifty Feet Road, Krishnaswamy Nagar,
Ramanathapuram, Coimbatore - 641 045.
Tel.: 94-422-4367065
R.M. NARAYANAN
M.Com.. F.CA, P.aD.M.
CHELLA K. RAGHAVENDRAN
8.Com.. F.C.A., D.I.S.A.B.CA.)
LIMITED REVIEW - AUDITORS' REPORT
For the Quarter ended 30th September'2014
We have reviewed the accompanying Statement of Un-audited Financial Results of TTK Prestige
Limited for the period ended 30 September'2014 This statement is the responsibility of the
Company's Management and has been approved by the Board of Directors. Our responsibility is to
issue a report on these financial statements based on our review.
We conducted our review of the Statement
in
accordance with the Standard on Review
Engagement (SRE) 2410, "Review of Ihterim Financial Information Performed by the Independent
Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard
requires that we plan and perform the review to obtain moderate assurance as to whether the
financial statements are free of material misstatement. A review is limited primarily to inquiries of
company personnel and an analytical procedure applied to financial data and thus provides less
assurance than an audit. We have not performed an audit and accordingly, we do not express an
audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to
believe that the accompanying statement of unaudited financial results prepared in accordance
with applicable accounting standardsand other recognized accounting practices and policies has
not disclosed the information required to be disclosed
in
terms of Clause 41 of the Listing
Agreement including the manner in which it is to be disclosed, or that
it
contains any material
misstatement.
For Mis S Viswanathan
Chartered Accountants
/'S>IM* \ F.R.No.04770S
'2/ .../:649.
71 Bargan 10\
+1 F.R.N: 0047705) 11
:-1\
410/
OVActi
0-*5
C N SRINIVASAN
PARTNER
Membership No.18205
Place : Bangalore
Date : 13 h October'2014
S .d
DI:*I *I 400 EI