Categories: Financial Results

TTK Healthcare net profit surges by 41% in Q4, dividend at 45%

Mumbai, May 21, 2015
TTK Healthcare, engaged in pharmaceuticals, medical devices, consumer products and food products, has posted strong growth in profits during the fourth quarter ended March 2015 and its net profit moved up by 40.6 per cent to Rs.4.57 crore from Rs.3.25 crore in the corresponding quarter of last year. Its net sales improved by 11.6 per cent to Rs.111.70 crore from Rs.100.13 crore. EPS worked out to Rs.5.88 as compared to Rs.4.19 in the last period.

For the full year ended March 2015, TTK’s net sales increased by 16.1 per cent to Rs.482.55 crore from Rs.415.56 crore in the previous year. Its net profit went up by 30.4 per cent to Rs.16.16 crore from Rs.12.39 crore. EBITDA saw a growth of 39.9 per cent to Rs.36.12 crore from Rs.25.82 crore. The company management declared equity dividend of 45 per cent for the year 2014-15.

Its pharmaceutical segment contributed 55 per cent to its total sales, medical devices 4 per cent, consumer products 30 per cent and food & other products 12 per cent during 2014-15. Its pharmaceutical sales amounted to Rs.262.75 crore as against Rs.224.44 crore in the previous year and that of medical devices segment Rs.19.80 crore as compared to Rs.18.07 crore. Medical devices include artificial heart valves, orthopaedic implants, etc. Consumer products sales reached at Rs.142.15 crore from Rs.123.99 crore.

The Pharma Times News Bureau

Recent Posts

8 Ways Insomnia Affects Skin Health & How To Avoid It

By Dr. Priyanka Kuri, Consultant - Dermatology, Aster Whitefield Hospital, Bengaluru Insomnia, the persistent inability…

1 day ago

Breaking New Ground in Migraine Care: A Landmark Session on Diagnosis and Treatment

Illuminating Latest Advances in Migraine Diagnosis and Treatment New Delhi, December 21, 2024: In a…

1 day ago

Healthcare Startups to Watch Out for in 2025

New Delhi, December 20, 2024: The healthcare sector is undergoing a transformation fueled by technological…

3 days ago

DKMS’s First Global Impact Report of 2023 Serves as New Ray of Hope for Blood Cancer Patients Worldwide

National, December 20, 2024: DKMS just published its first Global Impact Report that outlines the organization's…

3 days ago

Sterling Biotech to start world’s first precision fermentation-based dairy protein factory in Gujarat

Ahmedabad, December 19, 2024: Sterling Biotech Limited, a joint venture between Perfect Day and Zydus, has…

3 days ago

Pioneers in Senior Care, Antara, Partners with Leading Diagnostics Player Dr. Lal PathLabs to Strengthen its Geriatric Care Services

New Delhi, December 19, 2024: Antara Senior Care, an integrated eco-system provider for lifestyle and…

3 days ago