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Titan Company Ltd Q1FY24; 4% fall in Profits

Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery and Eyewear categories led by its trusted brands and differentiated customer experience. It was founded in 1984 as a joint-venture between TATA Group and Tamilnadu Industrial Development Corporation (TIDCO).

Financial Results:

Titan Company Ltd reported Revenues for Q1FY24 of ₹11,897.00 Crores up from ₹9,443.00 Crore year on year, a rise of 25.99%.

Total Expenses for Q1FY24 of ₹11,009.00 Crores up from ₹8,415.00 Crores year on year, a rise of 30.83%.

Consolidated Net Profit of ₹756.00 Crores down 4.3% from ₹790.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.48, down 4.07% from ₹8.84 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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