Thus, when the company announced results on Friday, the spotlight was on jewellery margin. Jewellery is Titan’s mainstay business with revenue of ₹8,575 crore in Q2 excluding bullion sales, which formed around 85% of the company’s standalone revenues. Fortunately for investors, jewellery Ebit margin adjusting for bullion sales came in better-than-expectations at 14.1%. True, it is lower than the 15.3% margin seen in Q2 FY23, but remember the company had seen certain one-off gains last year that were not sustainable.
هذه القصة مأخوذة من طبعة November 07, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة November 07, 2023 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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