Titan Co reports Profit after tax of Rs 4190.00 Mln, in the December 2020 quarter
Date: 10-02-2021
The company witnessed a 17.42% growth in the revenue at Rs. 72870.00 millions for the quarter ended December 2020 as compared to Rs. 62060.00 millions during the year-ago period.The Net Profit of the company registered a slight decline of -10.85% to Rs. 4190.00 millions from Rs. 4700.00 millions.Operating Profit saw a handsome growth to 8950.00 millions from 7550.00 millions in the quarter ended December 2020.
| | Quarter ended | Year to Date | Year ended |
| | 202012 | 201912 | % Var | 202012 | 201912 | % Var | 202003 | 201903 | % Var |
| Sales | 72870.00 | 62060.00 | 17.42 | 134670.00 | 155800.00 | -13.56 | 200096.40 | 190699.80 | 4.93 |
| Other Income | 370.00 | 200.00 | 85.00 | 1470.00 | 1070.00 | 37.38 | 1464.10 | 1785.00 | -17.98 |
| PBIDT | 8950.00 | 7550.00 | 18.54 | 10530.00 | 19200.00 | -45.16 | 25641.40 | 21807.20 | 17.58 |
| Interest | 460.00 | 400.00 | 15.00 | 1360.00 | 1110.00 | 22.52 | 1494.80 | 444.50 | 236.29 |
| PBDT | 7120.00 | 7150.00 | -0.42 | 7800.00 | 18090.00 | -56.88 | 24146.60 | 20662.70 | 16.86 |
| Depreciation | 840.00 | 780.00 | 7.69 | 2490.00 | 2200.00 | 13.18 | 3096.90 | 1388.90 | 122.98 |
| PBT | 6280.00 | 6370.00 | -1.41 | 5310.00 | 15890.00 | -66.58 | 21049.70 | 19273.80 | 9.21 |
| TAX | 2090.00 | 1670.00 | 25.15 | 1830.00 | 4280.00 | -57.24 | 5873.40 | 5530.10 | 6.21 |
| Deferred Tax | 370.00 | 80.00 | 362.50 | 110.00 | 300.00 | -63.33 | 355.00 | -490.00 | -172.45 |
| PAT | 4190.00 | 4700.00 | -10.85 | 3480.00 | 11610.00 | -70.03 | 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(%) | 12.28 | 12.17 | 0.96 | 7.82 | 12.32 | -36.55 | 12.81 | 11.44 | 12.06 |