Titan Company Ltd.
-308.05 (-6.83%) Titan Company reports 11% rise in Q3 consolidated net profit
Date: 11-02-2021Titan Company has reported results for third quarter ended December 31, 2020.
The company has reported a fall of 10.85% in its net profit at Rs 419 crore for the quarter under review as compared to net profit at Rs 470 crore for the same quarter in the previous year. However, total income of the company increased by 17.64% at Rs 7324 crore for Q3FY21 as compared Rs 6226 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 10.76% in its net profit attributable to owners at Rs 525 crore for the quarter under review as compared to net profit at Rs 474 crore for the same quarter in the previous year. Total income of the company increased by 16.93% at Rs 7659 crore for Q3FY21 as compared Rs 6550 crore for the corresponding quarter previous year.