Titan profit drops 5.4% to ₹715 cr in Apr-Jun quarter; sales rise 12%
The Free Press Journal|August 03, 2024
Leading jewellery retailer and watchmaker Titan on Friday reported a 5.42 per cent decline in its consolidated net profit to Rs 715 crore for the quarter ended on June 2024.
Titan profit drops 5.4% to ₹715 cr in Apr-Jun quarter; sales rise 12%

The company posted a net profit of Rs 756 crore in the April-June quarter a year ago.

However, its sales were up 12.64 per cent to Rs 12,223 crore during the quarter under review. It was Rs 10,851 crore for the corresponding quarter, according to a regulatory filing from Titan.

Total expenses increased 12.75 per cent to Rs 12,413 crore in the June quarter.

Titan's total income in the June quarter rose 11.44 per cent to Rs 13,386 crore.

During the quarter, Titan's jewellery business revenue increased 10.4 per cent to Rs 11,808 crore.

この記事は The Free Press Journal の August 03, 2024 版に掲載されています。

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