Titan Company's Q1FY24 consolidated PAT at Rs. 753 crores

Titan Company Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 12011 crores during the period ended June 30, 2023 as compared to Rs. 10474 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 753 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 730 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 8.48 for the period ended June 30, 2023 as compared to Rs. 8.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 12011 crs	₹10474 crs	14.67%
Net Profit	₹753 crs	₹730 crs	3.15%
EPS	₹8.48	₹8.22	3.16%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 12011 crores during the period ended June 30, 2023 as compared to Rs.9487 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.753 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.785 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.8.48 for the period ended June 30, 2023 as compared to Rs.8.84 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 12011 crs	₹9487 crs	26.60%
Net Profit	₹753 crs	₹785 crs	-4.08%
EPS	₹8.48	₹8.84	-4.07%

Shares of Titan Company Limited was last trading in BSE at Rs. 3001.10 as compared to the previous close of Rs. 3005.80. The total number of shares traded during the day was 27406 in over 4111 trades.

The stock hit an intraday high of Rs. 3027.00 and intraday low of 2989.00. The net turnover during the day was Rs. 82340329.00.

Source : Equity Bulls

Keywords

TitanCompany Q1FY24 ResultUpdate