NEW DELHI: Jewellery and watchmaker Titan Company Ltd on Friday reported a rise of 9.7 per cent in its consolidated net profit to Rs 916 crore within the second quarter ended on September 2023. The firm posted a net profit of Rs 835 crore within the July-September interval a yr in the past, in accordance to a regulatory submitting from the Tata Group-managed agency.
Titan’s gross sales rose 25 per cent to Rs 10,708 crore throughout the quarter below evaluate as in opposition to Rs 8,567 crore within the corresponding quarter a yr in the past.
Its whole bills within the September quarter stood at Rs 11,402 crore, up 41.07 per cent year-on-year.
The whole earnings of Titan, a three way partnership between Tata Group and Tamilnadu Industrial Development Corporation, within the September quarter grew 37.17 per cent to Rs 12,653 crore.
Shares of Titan Company Ltd had been buying and selling 2.33 per cent larger at Rs 3,275.95 apiece on the BSE.
Titan’s gross sales rose 25 per cent to Rs 10,708 crore throughout the quarter below evaluate as in opposition to Rs 8,567 crore within the corresponding quarter a yr in the past.
Its whole bills within the September quarter stood at Rs 11,402 crore, up 41.07 per cent year-on-year.
The whole earnings of Titan, a three way partnership between Tata Group and Tamilnadu Industrial Development Corporation, within the September quarter grew 37.17 per cent to Rs 12,653 crore.
Shares of Titan Company Ltd had been buying and selling 2.33 per cent larger at Rs 3,275.95 apiece on the BSE.
