With major part of the quarter being a complete washout because of the lockdown and disruptions caused by the Covid-19 pandemic, Titan on Monday posted a pre-tax loss of Rs 335 crore for Q1 of FY21. It had reported a profit before tax (PBT) of Rs 523 crore in the corresponding quarter of the previous financial year.
The Bengaluru-headquartered firm posted a consolidated net loss of Rs 270 crore during the quarter. It had posted a net profit of Rs 371 crore for the corresponding quarter in the previous financial year. The firm posted a decline of 62 per cent in

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