 "Titan Company Ltd Q1FY24 results: Net profit at Rs 756 cr; revenue up 25%")
The consolidated net profit of Titan Company Limited for the first quarter of the current financial year (Q1YFY24) saw a fall of 4.30 per cent to Rs 756 crore compared to Rs 790 crore for the corresponding quarter of the previous year, the company said in a BSE filing.
Sequentially, the net profit was up 2.71 per cent. In Q4FY23, the net profit of the company was Rs 736 crore.
The revenue from operations for Q1FY24 came in at Rs 11,897 crore, compared to Rs 9,443 crore year-on-year (YoY), rising 25.98 per cent.
On a quarter-on-quarter (QoQ) basis, the revenue for operations was up 14.83 per cent. It was Rs 10,360 crore in Q4FY23.
The total income for Q1FY24 came in at Rs 12,011 crore, compared to Rs 9,487 crore YoY, up 26.6 per cent.
Sequentially, the total income was up 14.67 per cent. It was Rs 10,474 crore in Q4FY23.
Titan Company Ltd stock was closed at Rs 2,964.25 on Wednesday.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%