Both figures were below the Street estimate. During the quarter, the company s margin reduced 239 bps to 9.9%. Buyer growth was 14% and the average ticket sizes moved up by 6% compared to that in Q1FY23
In a regulatory filing, after market hours on Thursday, Titan said it recorded revenue growth of 20% year-on-year (YoY) for Q1 with all key consumer businesses exhibiting double-digit growth in the June quarter.