Titan Company Ltd.

Titan Company has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 7.18% in its net profit at Rs 491 crore for the quarter under review as compared to Rs 529 crore for the same quarter in the previous year. However, total income of the company increased by 2.55% at Rs 7,352 crore for Q4FY22 as compared Rs 7,169 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 7.22% in its net profit at Rs 527 crore for the quarter under review as compared to Rs 568 crore for the same quarter in the previous year. However, total income of the company increased by 4.25% at Rs 7,872 crore for Q4FY22 as compared Rs 7,551 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported over 2-fold jump in its net profit at Rs 2180 crore as compared to Rs 877 crore for the previous year. Total income of the company increased by 32.11% at Rs 27,456 crore for year under review as compared to Rs 20,783 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 2,198 crore as compared to Rs 974 crore for the previous year. Total income of the company increased by 33% at Rs 29,033 crore for year under review as compared to Rs 21,830 crore for year ended March 31, 2021.