In this article, we will talk about the Titan Q2 Results. Titan is one of the best Indian companies that primarily manufactures fashion accessories such as Jewellery, watches, and eyewear. Part of the Tata Group and beginning as a joint venture with TIDCO, the firm has its corporate headquarters in Electronic City, Bangalore, and registered office in Hosur, Tamil Nadu. Currently Titan company has been gaining huge attention from the people as lots of people are super curious to know about the Titan Q2 Results. Here we have more information about the news and we will give complete information about the news.
Titan Q2 Results 2023
Titan firm, the jewelry and watcher maker will declare its financial results today for the Q2 of FY24. This company has been anticipated to report strong September quarter performance greatly guided by a strong development rate in the Jewellery segment. Watches and wearables have been also predicted to be powerful development drivers while other Emerging businesses have been shaping well and EyeCare catches a double-digit increase assisted by international brands. Titan is possible to see muted Q2FY24 net proceeds evolvement at 1.9 percent year on year (YoY), while income for the quarter is anticipated to grow 18.8% YoY, as per analysts’ estimations. Scroll down to the next page for more information about the news.
Currently, this news has been making headlines on social media platforms as lots of people want to know about Titan Q2 Results. As per the report, Titan’s share cost has gained more than 2% in one month. But, the stock is up over 12% in the previous three months. Titan shares have mobilized over 265% year to date (YTD), while they have reported 18% in a year. In the previous three years, Titan’s share cost has jumped over 171%. You are on the right page for more information about the news, so please read the complete article.
As far as we know, Titan firm’s net earnings decreased 2% to ₹777 crore in the April-June quarter of fiscal 2023-24 (Q1FY24), in comparison to ₹793 crore in the related period previous year. The jewelry and supplements maker’s earnings from operations during the first quarter of the recent fiscal stood at ₹11,145 crores, compared to ₹8,961 crore in the year-ago period. India’s business development growth was 20% during the quarter.CaratLane Private Limited’s total income grew 32% to ₹640 crore approximated to the corresponding quarter previous year. Here we have shared all the information that we had. Stay connected to us for more updates.