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Titan Q3 Preview: Profit may rise up to 27% YoY; strong revenue growth eyed

Titan s Q3 revenues are expected to rise 25% YoY, mainly driven by yet another strong quarter for the jewellery business. Net profit for the same period is seen growing up to 27% YoY. Q3 will likely be the fourth consecutive quarter of 20% growth in revenue. ....

Motilal Oswal , Titan Q3 Preview , Titan Q3 , Titan Q3 News , Titan Q3 Results , Titan Shares , Titan Share Price ,

Titan Q3 preview: Robust profit growth seen, sales may rise 25% on strong festive, wedding demand

The company is expected to report a 16.6 percent growth in net profit YoY to Rs 1,145 crore in Q3FY24, according to the mean estimates of five brokerage firms. ....

Prabhudas Lilladher , Kotak Institutional , Titan Results Expectation , Titan Results , Titan Q3 Preview ,

Titan Q3 preview: Strong marriage season to drive recovery in jewellery segment

Pent up demand seen for wedding jewellery
Good recovery seen in Watches and Eyewear segment
Titan s recovery has been better than expected for the October to December quarter. For Q3FY21, we expect Titan s revenue to grow ~13 per cent on a Year on Year basis, on account of sharper recovery in jewellery segment.
The Jewellery segment which accounts for around 80 per cent of their revenue is back in the growth phase and expected to grow at ~15 per cent YoY. The growth in the segment is aided by the 32 per cent YoY gold price hike, pent-up buying during the festive season and strong demand for wedding jewellery. The share of studded jewellery is expected to improve. ....

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