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03-Aug-2024

Titan Company

OP up 10.84%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Titan Company has increased 11.51% to Rs 13266 crore compared to quarter ended June 2023. Sales of Watches & Clocks segment has gone up 12.05% to Rs 1,023.00 crore (accounting for 7.68% of total sales).  Sales of Jewellery segment rose 10.40% to Rs 11,808.00 crore (accounting for 88.66% of total sales).  Sales of eyewear segment has gone up 3.45% to Rs 210.00 crore (accounting for 1.58% of total sales).  Sales of Others segment has gone up 102.19% to Rs 277.00 crore (accounting for 2.08% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 8.56% to Rs 1,217.00 crore.  PBIT of Watches & Clocks segment rose 9.90% to Rs 111.00 crore (accounting for 9.12% of total PBIT).  PBIT of Jewellery segment rose 7.83% to Rs 1,102.00 crore (accounting for 90.55% of total PBIT).  PB...



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