Stock Report

Titan Company Ltd reports Rs. 730 crores consolidated net profit in Q4 FY2023



Posted On : 2023-05-03 21:31:25( TIMEZONE : IST )

Titan Company Ltd reports Rs. 730 crores consolidated net profit in Q4 FY2023

Titan Company Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 10474 crores during the period ended March 31, 2023 as compared to Rs. 11698 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 730 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 904 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 8.22 for the period ended March 31, 2023 as compared to Rs. 10.18 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹10474 crs ₹11698 crs Up Tick / Down Tick-10.46%
Net Profit ₹730 crs ₹904 crs Up Tick / Down Tick-19.25%
EPS ₹8.22 ₹10.18 Up Tick / Down Tick-19.25%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.10474 crores during the period ended March 31, 2023 as compared to Rs.7872 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.730 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.510 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.8.22 for the period ended March 31, 2023 as compared to Rs.5.74 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹10474 crs ₹7872 crs Up Tick / Down Tick33.05%
Net Profit ₹730 crs ₹510 crs Up Tick / Down Tick43.14%
EPS ₹8.22 ₹5.74 Up Tick / Down Tick43.21%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.40883 crores during the Financial Year ended March 31, 2023 as compared to Rs.29033 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.3250 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.2173 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.36.61 for the Financial Year ended March 31, 2023 as compared to Rs.24.48 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹40883 crs ₹29033 crs Up Tick / Down Tick40.82%
Net Profit ₹3250 crs ₹2173 crs Up Tick / Down Tick49.56%
EPS ₹36.61 ₹24.48 Up Tick / Down Tick49.55%

Shares of Titan Company Limited was last trading in BSE at Rs. 2654.35 as compared to the previous close of Rs. 2661.15. The total number of shares traded during the day was 20819 in over 1487 trades.

The stock hit an intraday high of Rs. 2683.00 and intraday low of 2645.00. The net turnover during the day was Rs. 55401443.00.

Source : Equity Bulls

Keywords

TitanCompany Q4FY23 FY2023 ResultUpdate