Stock Report

Titan Company Ltd reports rise in consolidated Q3FY24 PAT to Rs. 1053 crores



Posted On : 2024-02-01 21:52:51( TIMEZONE : IST )

Titan Company Ltd reports rise in consolidated Q3FY24 PAT to Rs. 1053 crores

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

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 14300 crores during the period ended December 31, 2023 as compared to Rs. 12653 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 1053 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 915 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 11.90 for the period ended December 31, 2023 as compared to Rs. 10.31 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 14300 crs ₹12653 crs Up Tick / Down Tick13.02%
Net Profit ₹1053 crs ₹915 crs Up Tick / Down Tick15.08%
EPS ₹11.90 ₹10.31 Up Tick / Down Tick15.42%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 14300 crores during the period ended December 31, 2023 as compared to Rs.11698 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1053 crores for the period ended December 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.11.90 for the period ended December 31, 2023 as compared to Rs.10.18 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 14300 crs ₹11698 crs Up Tick / Down Tick22.24%
Net Profit ₹1053 crs ₹904 crs Up Tick / Down Tick16.48%
EPS ₹11.90 ₹10.18 Up Tick / Down Tick16.90%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.38964 crores during the 9 Months period ended December 31, 2023 as compared to Rs.30409 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.2725 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.2520 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.30.69 for the 9 Months period ended December 31, 2023 as compared to Rs.28.38 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹38964 crs ₹30409 crs Up Tick / Down Tick28.13%
Net Profit ₹2725 crs ₹2520 crs Up Tick / Down Tick8.13%
EPS ₹30.69 ₹28.38 Up Tick / Down Tick8.14%

Shares of Titan Company Limited was last trading in BSE at Rs. 3697.40 as compared to the previous close of Rs. 3735.85. The total number of shares traded during the day was 53851 in over 8903 trades.

The stock hit an intraday high of Rs. 3774.50 and intraday low of 3652.55. The net turnover during the day was Rs. 198495833.00.

Source : Equity Bulls

Keywords

TitanCompany Q3FY24 9MFY24 ResultUpdate