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Top News In Titan Q3 Earnings Today - Breaking & Trending Today

Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates

Titan reported a 9% YoY growth in standalone net profit at Rs 1,040 crore in Q3. Revenue from operations increased by 20% YoY to Rs 13,052 crore. EBIT for the quarter grew 11% YoY to Rs 1,478 crore. EBIT margins declined 116 basis points to 11.3%. Total income from the jewellery business rose 23% to Rs 11,709 crore. ....

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Titan Q3 results today: What to expect, key things to track for investors

Titan Ltd is expected to report strong Q3 results with significant growth in consolidated revenues and net profit. However, higher raw material prices may lead to a decline in gross and EBITDA margins. The Jewellery segment is likely to have a strong quarter, with notable growth in gold and coins sales. The Watches & Wearables segment is expected to show growth, while the Eyecare segment may have a muted quarter. Titan also added 90 new stores during the quarter, expanding its total presence to 2,949 stores. ....

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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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Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates, ET Retail

Titan reported a 9% YoY growth in standalone net profit at Rs 1,040 crore in Q3. Revenue from operations increased by 20% YoY to Rs 13,052 crore. EBIT for the quarter grew 11% YoY to Rs 1,478 crore. EBIT margins declined 116 basis points to 11.3%. Total income from the jewellery business rose 23% to Rs 11,709 crore. ....

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Titan glitters in Q3, beating all the odds

The stock remains a darling of investors after the company s strong performance in the third quarter, with positive perceptions of its business model boosted by the “Jhunjhunwala effect”. ....

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