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Titan Q3 earnings: Net profit rises to Rs 1,040 cr, stock falls

Titan Company Ltd posted a 9.4% rise in Q3 standalone net profit to Rs 1,040 crore against Rs 951 crore in the December 2022 quarter. Standalone total income climbed 24.1 percent to Rs 14,122 crore in the last quarter against Rs 11,383 crore profit in the December 2022 quarter. Meanwhile, shares of Titan were trading 1.83% lower at Rs 3629.75 on BSE. On the other hand, the company posted a 15.45% rise in consolidated net profit to Rs 1,053 crore against Rs 913 crore in the December 2022 quarter.  Consolidated total income climbed 24.1 percent to Rs 14,122 crore in the last quarter against Rs 11,383 crore profit in the December 2022 quarter.

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