Titan Co reports Profit after tax of Rs 1990.00 Mln, in the September 2020 quarter
Date: 28-10-2020
The revenue for the September 2020 quarter is pegged at Rs. 43180.00 millions against Rs. 44350.00 millions recorded during the year-ago period.The Company to register a -37.81% fall in the net profit for the quarter ended September 2020.Operating profit for the quarter ended September 2020 decreased to 3650.00 millions as compared to 5440.00 millions of corresponding quarter ended September 2019.
| | Quarter ended | Year to Date | Year ended |
| | 202009 | 201909 | % Var | 202009 | 201909 | % Var | 202003 | 201903 | % Var |
| Sales | 43180.00 | 44350.00 | -2.64 | 61800.00 | 93740.00 | -34.07 | 200096.40 | 190699.80 | 4.93 |
| Other Income | 710.00 | 310.00 | 129.03 | 1100.00 | 870.00 | 26.44 | 1464.10 | 1785.00 | -17.98 |
| PBIDT | 3650.00 | 5440.00 | -32.90 | 1580.00 | 11650.00 | -86.44 | 25641.40 | 21807.20 | 17.58 |
| Interest | 440.00 | 410.00 | 7.32 | 900.00 | 710.00 | 26.76 | 1494.80 | 444.50 | 236.29 |
| PBDT | 3210.00 | 5030.00 | -36.18 | 680.00 | 10940.00 | -93.78 | 24146.60 | 20662.70 | 16.86 |
| Depreciation | 830.00 | 740.00 | 12.16 | 1650.00 | 1420.00 | 16.20 | 3096.90 | 1388.90 | 122.98 |
| PBT | 2380.00 | 4290.00 | -44.52 | -970.00 | 9520.00 | -110.19 | 21049.70 | 19273.80 | 9.21 |
| TAX | 390.00 | 1090.00 | -64.22 | -260.00 | 2610.00 | -109.96 | 5873.40 | 5530.10 | 6.21 |
| Deferred Tax | 390.00 | 170.00 | 129.41 | -260.00 | 220.00 | -218.18 | 355.00 | -490.00 | -172.45 |
| PAT | 1990.00 | 3200.00 | -37.81 | -710.00 | 6910.00 | -110.27 | 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(%) | 8.45 | 12.27 | -31.09 | 2.56 | 12.43 | -79.43 | 12.81 | 11.44 | 12.06 |