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06-Nov-2024

Titan Company

OP down 12.4%


'On consolidated basis

Quarter ended September 2024 compared with Quarter ended September 2023.

Net sales (including other operating income) of Titan Company has increased 16% to Rs 14534 crore.  Sales of Watches & Clocks segment has gone up 19.41% to Rs 1,304.00 crore (accounting for 8.94% of total sales).  Sales of Jewellery segment rose 15.25% to Rs 12,771.00 crore (accounting for 87.60% of total sales).  Sales of eyewear segment has gone up 6.88% to Rs 202.00 crore (accounting for 1.39% of total sales).  Sales of Others segment has gone up 38.07% to Rs 301.00 crore (accounting for 2.06% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has slumped 15.14% to Rs 1,188.00 crore.  PBIT of Watches & Clocks segment rose 22.50% to Rs 196.00 crore (accounting for 16.50% of total PBIT).  PBIT of Jewellery segment fell 19.97% to Rs 974.00 crore (accou...



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