Titan Company Ltd.
BSE: 500114 | NSE: TITAN
Large Cap | Diamond & Jewellery
3439.35
-48.70 (-1.40%) Titan Co - Quaterly Results
Date: 02-08-2024
The company witnessed a 8.15% growth in the revenue at Rs. 120530.00 millions for the quarter ended June 2024 as compared to Rs. 111450.00 millions during the year-ago period.Net profit declined -0.90% to Rs. 7700.00 millions from Rs. 7770.00 millions.Operating profit for the quarter ended June 2024 rose to 13290.00 millions as compared to 12020.00 millions of corresponding quarter ended June 2023.
(Rs. in Million) |
| Quarter ended | Year to Date | Year ended | |||||||
| 202406 | 202306 | % Var | 202406 | 202306 | % Var | 202403 | 202303 | % Var | |
| Sales | 120530.00 | 111450.00 | 8.15 | 120530.00 | 111450.00 | 8.15 | 471140.00 | 382700.00 | 23.11 |
| Other Income | 1180.00 | 990.00 | 19.19 | 1180.00 | 990.00 | 19.19 | 5100.00 | 2990.00 | 70.57 |
| PBIDT | 13290.00 | 12020.00 | 10.57 | 13290.00 | 12020.00 | 10.57 | 55340.00 | 50690.00 | 9.17 |
| Interest | 1820.00 | 790.00 | 130.38 | 1820.00 | 790.00 | 130.38 | 4800.00 | 2400.00 | 100.00 |
| PBDT | 11470.00 | 11230.00 | 2.14 | 11470.00 | 11230.00 | 2.14 | 50540.00 | 48290.00 | 4.66 |
| Depreciation | 1260.00 | 990.00 | 27.27 | 1260.00 | 990.00 | 27.27 | 4470.00 | 3640.00 | 22.80 |
| PBT | 10210.00 | 10240.00 | -0.29 | 10210.00 | 10240.00 | -0.29 | 46070.00 | 44650.00 | 3.18 |
| TAX | 2510.00 | 2470.00 | 1.62 | 2510.00 | 2470.00 | 1.62 | 10630.00 | 11320.00 | -6.10 |
| Deferred Tax | -10.00 | 0.00 | 0.00 | -10.00 | 0.00 | 0.00 | -90.00 | -80.00 | 12.50 |
| PAT | 7700.00 | 7770.00 | -0.90 | 7700.00 | 7770.00 | -0.90 | 35440.00 | 33330.00 | 6.33 |
| Equity | 890.00 | 890.00 | 0.00 | 890.00 | 890.00 | 0.00 | 890.00 | 890.00 | 0.00 |
| PBIDTM(%) | 11.03 | 10.79 | 2.24 | 11.03 | 10.79 | 2.24 | 11.75 | 13.25 | -11.32 |