Titan Co reports Profit after tax of Rs 4910.00 Mln, in the March 2022 quarter
Date: 03-05-2022
A minor change in the total revenue was seen in the March 2022 quarter. The total revenue for the quarter stood at Rs. 72760.00 millions against Rs. 71350.00 millions during year ago period.Net profit declined -7.18% to Rs. 4910.00 millions from Rs. 5290.00 millions.OP of the company witnessed a marginal growth to 8580.00 millions from 8290.00 millions in the same quarter last year.
| | Quarter ended | Year to Date | Year ended |
| | 202203 | 202103 | % Var | 202203 | 202103 | % Var | 202203 | 202103 | % Var |
| Sales | 72760.00 | 71350.00 | 1.98 | 272100.00 | 206020.00 | 32.07 | 272100.00 | 206020.00 | 32.07 |
| Other Income | 760.00 | 340.00 | 123.53 | 2460.00 | 1810.00 | 35.91 | 2460.00 | 1810.00 | 35.91 |
| PBIDT | 8580.00 | 8290.00 | 3.50 | 35250.00 | 18820.00 | 87.30 | 35250.00 | 18820.00 | 87.30 |
| Interest | 540.00 | 450.00 | 20.00 | 1950.00 | 1810.00 | 7.73 | 1950.00 | 1810.00 | 7.73 |
| PBDT | 7530.00 | 7840.00 | -3.95 | 32790.00 | 15640.00 | 109.65 | 32790.00 | 15640.00 | 109.65 |
| Depreciation | 880.00 | 820.00 | 7.32 | 3470.00 | 3310.00 | 4.83 | 3470.00 | 3310.00 | 4.83 |
| PBT | 6650.00 | 7020.00 | -5.27 | 29320.00 | 12330.00 | 137.79 | 29320.00 | 12330.00 | 137.79 |
| TAX | 1740.00 | 1730.00 | 0.58 | 7520.00 | 3560.00 | 111.24 | 7520.00 | 3560.00 | 111.24 |
| Deferred Tax | -220.00 | -60.00 | 266.67 | -270.00 | 50.00 | -640.00 | -270.00 | 50.00 | -640.00 |
| PAT | 4910.00 | 5290.00 | -7.18 | 21800.00 | 8770.00 | 148.57 | 21800.00 | 8770.00 | 148.57 |
| Equity | 890.00 | 890.00 | 0.00 | 890.00 | 890.00 | 0.00 | 890.00 | 890.00 | 0.00 |
| PBIDTM(%) | 11.79 | 11.62 | 1.49 | 12.95 | 9.14 | 41.81 | 12.95 | 9.14 | 41.81 |