Kitchenware maker TTK Prestige reported a 29% rise in ​fourth-quarter profit before tax and exceptional items ‌on Friday, as strong domestic ​demand, helped by a shift toward ⁠induction cooking appliances amid liquefied petroleum gas supply constraints boosted earnings.* The company’s reported ‌profit rose to ₹53.89 crore for the ‌quarter ended March 31 from ‌₹45.38 a year ago.* In ⁠the year ago quarter, it booked a one-time impairment charge of ₹71.4 crore related ​to its ‌UK subsidiary, Horwood Homewares, amid continued stress in the UK economy and concerns over potential U.S. tariffs.* Demand for ‌kitchen appliances was supported by ​rising adoption of induction and electrical cooking appliances amid LPG supply ⁠constraints stemming from the war in the Middle East.* Domestic sales rose ‌14.4% to ₹668 crore while exports fell to ₹12.1 crore in the quarter from ₹20.48 crore a year earlier, hit by disruptions in global shipping routes and ‌tariff-related challenges.* Analysts at HDFC Securities said ​kitchen appliances are likely to post healthy growth, driven by rising ⁠induction cooktop adoption amid gas shortages.* Revenue ⁠from operations rose 12% to ₹729 crore.* Shares of ‌the company rose 5.2% after it reported results.Published on May 22, 2026