Titan q1 results 2023 date
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Titan Company share price was trading a percent lower ahead of the release of Q1 results today. Titan Company was expected to see a decent earnings growth in the first quarter of FY Analysts expected the net profit rising Revenue from operations rose 30 per cent year-on-year. In Wearables, the Fastrack brand grew the fastest clocking sizeable gains in the portfolio.
Titan q1 results 2023 date
Wearables to play key role in Titan's plan to hit Rs 10, cr consumer sales target in biz segment. Weekly Tactical Pick: Why this jewellery maker is set to glitter. Ten best bets for weeks as bulls rule the Street, charge Nifty to record highs. Thangamayil Jewellery: Why are we bullish on this regional jewellery player? Titan Company Q2: Net profit rises 9. Titan Q3 preview Profit to be flat on high base, margins to contract. Titan Q2 preview A sparkling quarter backed by double-digit growth across segments. Titan: Glittering performance to continue. Titan Q2: One dull quarter does not take away its long-term lustre. Titan hits 6-month low as global brokerages cut target price after Q1 nos. Neptune Exports' board meeting on April 28, Kaya's board meeting on May 03, Thomas Cook India Group swings to profit.
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Titan Q1 results preview : Titan — a Tata group company that manufactures a range of products including jewellery, watches and eyewear — is scheduled to report its financial results for the April-June period on Wednesday, August 2. Analysts expect Titan — whose popular brands include Fastrack, Sonata, Octane, Tanishq, CaratLane, Zoya and EyePlus — to report a strong quarterly performance driven by robust demand and steady margins across segments. According to Zee Business research, Titan is estimated to report a standalone net profit of Rs crore for the first quarter of the current financial year, which translates to a year-on-year increase of The analysts estimate its revenue for the three-month period to come in at Rs 10, crore as against Rs 8, crore for the corresponding quarter a year ago. The company's margin — a key measure of a company's profitability — is estimated at 12 per cent for the quarter ended June , as against
Wearables to play key role in Titan's plan to hit Rs 10, cr consumer sales target in biz segment. Weekly Tactical Pick: Why this jewellery maker is set to glitter. Ten best bets for weeks as bulls rule the Street, charge Nifty to record highs. Thangamayil Jewellery: Why are we bullish on this regional jewellery player? Titan Company Q2: Net profit rises 9. Titan Q3 preview Profit to be flat on high base, margins to contract. Titan Q2 preview A sparkling quarter backed by double-digit growth across segments. Titan: Glittering performance to continue. Titan Q2: One dull quarter does not take away its long-term lustre. Titan hits 6-month low as global brokerages cut target price after Q1 nos.
Titan q1 results 2023 date
Tata Group-owned Titan Co reported a lower-than-expected first-quarter profit as its jewellery segment, including the popular Tanishq brand, struggled amidst surging gold prices. The company reported a profit of Rs crore for the three months ending June 30, a decline of more than 2 per cent. Analysts had anticipated a profit of Rs crore. During April-June, gold prices reached record highs, impacting demand in the Indian market and increasing Titan's raw material costs by nearly 48 per cent compared to the previous year. As expenses climbed nearly 29 per cent, margins were squeezed, despite a nearly 19 per cent increase in sales, which reached Rs 10, crore. Titan's margins on earnings before interest and taxes EBIT declined to The boost in sales was partly attributed to higher gold buying in April due to the festival of Akshaya Tritiya, considered auspicious for purchasing the yellow metal. The jewellery division accounts for 89 per cent of Titan's total income.
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Asian Paints is likely to report strong Q3 results. Should investors eye Titan or fastrack profit booking post Q1 earnings? Elections Q3 results today: Adani Enterprises, Adani Ports, Titan among 86 companies to announce earnings The Street has an action-packed day on Thursday with the release of Union Budget and earnings announcements from 86 BSE listed companies for the December quarter. Remove some to bookmark this image. Mutual Funds. Commentaries on exit-growth and outlook remain key, JM Financial said. Both figures were below the Street estimate. Recommended For You. Your session has expired, please login again. My Account. Capitalised -- -- -- -- -- Other Expenses
All amounts are in U. Development planning and execution as well equipment purchases for the Sphaleros project continued on target for the quarter.
Titan share price closed 1. Q3 results today: Axis Bank, REC among 70 companies to announce earnings Axis Bank will announce its Q3 earnings today, with analysts expecting modest growth in net interest income and profit. View in App Analysts expect Titan to report a margin of 12 per cent for the June quarter. Q3 results today: Tata Motors, Delhivery, Indigo among companies to announce earnings Nearly companies, including Tata Motors and Indigo, will be announcing their December quarter earnings. Titan Company Titan Company Ltd. Titan Company today reported a net profit of Rs 61 crore for the quarter ended June as against a net loss of Rs. Load More. In medium term, we continue to believe that jewellery segment can outperform other consumer discretionary segments as it is relatively immune inelastic wedding purchases, gold as an investment asset etc. A tale of 2 pharma companies: Aurobindo shines, Sun Coughs. Home Election Other factors to watch include credit costs, business growth, loan mix, and asset quality. New store additions, golden harvest and exchange programs continued to do well during the quarter, the company said. For the final quarter of the financial year , Titan reported a
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