India's TTK Healthcare soars as profit jumps over 24-fold

TTK Healthcare

27/05/2021 09:46

** Pharma and consumer products maker's  TTKH.NS  shares
rose as much as 17.2% to 710 rupees, hits highest level in over
1 month 
    ** TTK Healthcare's March-qter profit increased 24.5 times
to 103.5 mln rupees ($1.42 mln) 
    ** TTKH's qtrly revenue from operations jumped ~33% to 1.81
bln rupees  urn:newsml:reuters.com:*:nBSE1pFjL9
    ** Co says impact of COVID-19 pandemic on its business was
minimal in FY20-21 and expects it to be the same for the second
wave as well
    ** Board recommended a dividend of 6 rupees/share for FY
ended March 31
    ** Including sessions's gains, TTKH stock is up ~20% for the
year

($1 = 72.6375 Indian rupees)

 (Reporting by Shivani Singh in Bengaluru)
 ((ShivaniSingh1@thomsonreuters.com; +91 89 6969 2349))