Titan Company consolidated net profit declines 2.08% in the March 2020 quarter

Sales decline 4.27% to Rs 4617.31 crore

Net profit of Titan Company declined 2.08% to Rs 346.25 crore in the quarter ended March 2020 as against Rs 353.59 crore during the previous quarter ended March 2019. Sales declined 4.27% to Rs 4617.31 crore in the quarter ended March 2020 as against Rs 4823.49 crore during the previous quarter ended March 2019.

For the full year,net profit rose 6.93% to Rs 1501.39 crore in the year ended March 2020 as against Rs 1404.15 crore during the previous year ended March 2019. Sales rose 6.00% to Rs 20767.70 crore in the year ended March 2020 as against Rs 19592.06 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales4617.314823.49 -4 20767.7019592.06 6 OPM %13.269.30 -11.8610.15 - PBDT611.33492.37 24 2449.612119.73 16 PBT509.25451.53 13 2101.651956.89 7 NP346.25353.59 -2 1501.391404.15 7

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