Titan Company Ltd.
-17.20 (-0.41%) Titan Company reports marginal fall in Q1 consolidated net profit
Date: 02-08-2023Titan Company has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 2.02% marginal fall in its net profit at Rs 777 crore for the quarter under review as compared to Rs 793 crore for the same quarter in the previous year. However, total income of the company increased by 24.86% at Rs 11244 crore for Q1FY24 as compared Rs 9005 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 4.30% marginal fall in net profit at Rs 756 crore for the first quarter ended June 30, 2023 as compared to Rs 790 crore for the same quarter in the previous year. However, total income of the company increased by 26.60% at Rs 12011 crore for Q1FY24 as compared Rs 9487 crore for the corresponding quarter previous year.