Company Overview:
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 Q2FY25 of ₹14,656 Crore up from ₹13,386 Crore q-o-q, a rise of 9.5%.
Total Expenses for Q2FY25 of ₹13,709 Crore up from ₹12,413 Crore q-o-q, a rise of 10.4%.
Net Profit of ₹704 Crore down 1.5% from ₹715 Crore in the previous quarter (Q1FY25).
The Earnings per Share is ₹7.94, down 1.5% from ₹8.06 in the previous quarter(Q1FY25).