Consolidated net profit rose 8.5% to 624.8 million rupees ($7.5 million) during the October-December period, snapping five straight quarters of declining profit.

Revenue from operations climbed 6.3% to 7.38 billion rupees.

For further earnings highlights, click

KEY CONTEXT

Consumers bought more kitchen appliances during the festive and wedding periods, which coincided with the third quarter.

TTK Prestige, which competes with rival homeware maker Butterfly Gandhimathi Appliances and other domestic brands, has posted declining profit for the last five quarters as inflation bit into the budgets of households.

Butterfly posted a loss for the third quarter on Monday.

PEER COMPARISON

Valuation (next Estimates (next 12 Analysts' sentiment

12 months) months)

RIC PE EV/EBITDA Revenue Profit Mean # of Stock to Div

growth % growth % rating* analyst price yield

s target** (%)

TTK Prestige Ltd - 26.10 8.98 19.27 BUY 4 0.94 0.77

Crompton Greaves 32.42 21.61 11.63 25.09 BUY 32 0.90 0.99

Consumer

Electricals Ltd

Bajaj Electricals 39.86 26.86 10.11 46.09 BUY 7 0.94 0.38

Ltd

V Guard Industries 41.54 26.47 13.37 33.69 BUY 18 0.97 0.41

Ltd

* The mean of analyst ratings standardised to a scale of Strong Buy, Buy, Hold, Sell, and Strong Sell

** The ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

OCTOBER-DECEMBER STOCK PERFORMANCE

-- All data from LSEG

-- $1 = 83.0250 Indian rupees

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Sonia Cheema)