Jul 28, 2021
Digital and Digital Category 2

Margins expanding as premium products selling well: TT Jagannathan, TTK Prestige

We find consumers up trading and our premium products are selling very well which is one reason our margin has expanded, said TT Jagannathan, Chairman, TTK Prestige.

The recovery in the economy in the second half of FY21 hit a bit of a speed breaker because of the second wave. What is the current demand as well as consumer trend that you are witnessing?

Actually, June was pretty good considering that most places were under lockdown. We still had a very good month. We had the best June ever and July is following it pretty well. So, we believe that Q2, Q3 and Q4 will be better than last year Q2, Q3 and Q4, which were our best three quarters.

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