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06-May-2024

Titan Company

OP up 9.37%


'For the quarter ending March 2024, consolidated Net sales (including other operating income) of Titan Company has increased 20.60% to Rs 12494 crore compared to quarter ended March 2023.  Sales of Watches & Clocks segment has gone up 6.34% to Rs 939.00 crore (accounting for 7.46% of total sales).  Sales of Jewellery segment rose 20.67% to Rs 11,005.00 crore (accounting for 87.48% of total sales).  Sales of eyewear segment has gone up 0.61% to Rs 166.00 crore (accounting for 1.32% of total sales).  Sales of Others segment has gone up 87.25% to Rs 470.00 crore (accounting for 3.74% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 10.47% to Rs 1,213.00 crore.  PBIT of Watches & Clocks segment fell 28.30% to Rs 76.00 crore (accounting for 6.27% of total PBIT).  PBIT of Jewellery segment rose 8.67% to Rs 1,091.00 crore (accounting for 89.94% of total PBIT)...



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