Titan Company reports consolidated net loss of Rs 291 crore in Q1

11 Aug 2020 Evaluate

Titan Company has reported results for the first quarter ended June 30, 2020.

The company has reported a net loss of Rs 270 crore for the quarter under review against net profit of Rs 371 crore for the same quarter in the previous year. Total income of the company decreased by 61.94% at Rs 1,901 crore for Q1FY21 as compared Rs 4,995 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss attributable to owners of Rs 291 crore for the quarter under review against net profit of Rs 366 crore for the same quarter in the previous year. Total income of the company decreased by 61.21% at Rs 2,020 crore for Q1FY21 as compared Rs 5,208 crore for the corresponding quarter previous year.

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3794.20 33.00 (0.88%)
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