Titan Co reports Profit after tax of Rs 1990.00 Mln, in the September 2020 quarter

28 Oct 2020
The revenue for the September 2020 quarter is pegged at Rs. 43180.00 millions against Rs. 44350.00 millions recorded during the year-ago period.The Company to register a -37.81%  fall in the net profit for the quarter ended September 2020.Operating profit for the quarter ended September 2020 decreased to 3650.00 millions as compared to 5440.00 millions of corresponding quarter ended September 2019.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202009 201909 % Var 202009 201909 % Var 202003 201903 % Var
Sales 43180.00 44350.00 -2.64 61800.00 93740.00 -34.07 200096.40 190699.80 4.93
Other Income 710.00 310.00 129.03 1100.00 870.00 26.44 1464.10 1785.00 -17.98
PBIDT 3650.00 5440.00 -32.90 1580.00 11650.00 -86.44 25641.40 21807.20 17.58
Interest 440.00 410.00 7.32 900.00 710.00 26.76 1494.80 444.50 236.29
PBDT 3210.00 5030.00 -36.18 680.00 10940.00 -93.78 24146.60 20662.70 16.86
Depreciation 830.00 740.00 12.16 1650.00 1420.00 16.20 3096.90 1388.90 122.98
PBT 2380.00 4290.00 -44.52 -970.00 9520.00 -110.19 21049.70 19273.80 9.21
TAX 390.00 1090.00 -64.22 -260.00 2610.00 -109.96 5873.40 5530.10 6.21
Deferred Tax 390.00 170.00 129.41 -260.00 220.00 -218.18 355.00 -490.00 -172.45
PAT 1990.00 3200.00 -37.81 -710.00 6910.00 -110.27 15176.30 13743.70 10.42
Equity 890.00 890.00 0.00 890.00 890.00 0.00 887.80 887.80 0.00
PBIDTM(%) 8.45 12.27 -31.09 2.56 12.43 -79.43 12.81 11.44 12.06
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