AGM/EGM24 Jul 2026, 02:47 pm
TTK Healthcare Divests EVA & Good Home Brands for ₹256 Cr
AI Summary
TTK Healthcare Ltd held its 68th Annual General Meeting on July 24, 2026. The Chairman's speech highlighted a 7% revenue growth to ₹857.28 crores for FY 2025-26, though pre-tax profit declined to ₹82.56 crores from ₹108.33 crores due to exceptional items and lower profit from the Protective Devices Division. The company holds a free cash balance of ₹900 crores. A significant development is the divestment of the EVA and Good Home brands to Wipro Enterprises Private Limited for ₹256 crores plus GST. The Consumer Products Business saw static performance with efforts to strengthen Woodward's Gripe Water and expand its 'Care' segment. Skore brand showed resilient performance with 6% value growth.
Key Highlights
- Revenue grew 7% to ₹857.28 Cr in FY26.
- Pre-tax profit decreased to ₹82.56 Cr.
- EVA and Good Home brands sold for ₹256 Cr.
- Company holds ₹900 Cr in free cash balance.
- Strategic focus on Woodward's and Skore brands.
Price Impact
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