Titan Company's Consolidated Profit Remains Flat in Fiscal Q3

MT Newswires Live
02-05

Titan Company's (NSE:TITAN, BOM:500114) consolidated attributable profit was largely flat at 10.5 billion Indian rupees in the fiscal third quarter ended Dec. 31, 2024 from the year-ago level.

Earnings per share contracted to 11.80 rupees compared with 11.90 rupees a year ago, according to a Tuesday filing to the Indian stock exchanges by the watches and accessories manufacturer. The EPS was lower than the 12.03 rupees estimated by the analysts polled by Visible Alpha.

Revenue from operations in fiscal Q3, however, increased to 175.5 billion rupees from 139.6 billion rupees a year earlier. This was higher than Visible Alpha's estimate of 170.96 billion rupees.

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