Categories Consumer, Earnings

Titan Ltd Q4FY23 results out, net profit soars by 40%

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).

  • Titan Ltd reported Total revenue for Q4 FY23 of ₹10,360 Crore, up from ₹7,796 Crore year on year depicting a growth of 33%.
  • Total Expenses for Q4 FY23 of ₹9,486 Crore up, from ₹7,002 Crore year on year, a growth of 32%. 
  • Consolidated Net Profit of ₹736 Crore, up 40% from ₹527 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹8.22, up 43% from ₹5.74 in the same quarter of the previous year.

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