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.

Mutual Funds. ET TV. More Menu. Earnings season ends today. The board has recommended an interim dividend of Rs 75 a share for the current financial year, and a special dividend of Rs 25 a share to mark the centennial year of Chairman Emeritus Brijmohan Lall Munjal. All News Videos. The automaker is likely to report a healthy double-digit growth in earnings on the back of robust sales volumes and higher realisations.

Titan q1 results 2023 date

Tata Group's fashion and lifestyle products retailer Titan reported its standalone profit after tax at Rs crore for the quarter ended June Both figures were below the Street estimate. During the quarter, the company's margin fell bps to 9. During the quarter, the company's margin reduced bps to 9. Investors would be keenly watching the management commentary over the international business expansion. Besides, they would keenly follow any commentary on the impact on demand due to import duty hike on gold. Also, the pooja season is coming into Q2 this year as opposed to being in October last year. So we expect the growth run of Q1 to continue. Titan Company on Friday reported a fold jump in year-on-year YoY net profit at Rs crore in the June quarter compared with Rs 61 crore profit in the same quarter last year. Titan Company today reported a net profit of Rs 61 crore for the quarter ended June as against a net loss of Rs.

Titan Q2 preview A sparkling quarter backed by double-digit growth across segments.

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 For the final quarter of the financial year , Titan reported a

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. In comparison, smaller rival Tribhovandas Bhimji Zaveri reported a significant five-fold jump in quarterly profit. Dark Mode.

Titan q1 results 2023 date

All amounts are in U. Development planning and execution as well equipment purchases for the Sphaleros project continued on target for the quarter. Zinc production of This term is not a standardized financial measure under IFRS and might not be comparable to similar financial measures disclosed by other issuers. Waste development continued to advance on the Mahler ramp system which continues to provide access to a high-grade ore horizon in the Lower Mahler mining zone. It is expected that ore from this zone will support head grade at planned levels for the remainder of the year. The long hole stoping program for New Fold continued in the first quarter but is being paused in the second quarter to focus on improving ground control and engineering design. Production from this area is scheduled to restart in the second half of the year. Engineering and design efforts are well underway for the development of the Sphaleros underground project. Equipment required for the development has been identified and the acquisition process is underway.

Primal ancient diablo 3 ps4

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 My Account. Sign in. Titan Company is likely to see its net profit rising Quarterly Results of Titan Company in Rs. For the final quarter of the financial year , Titan reported a Titan also added 90 new stores during the quarter, expanding its total presence to 2, stores. Its revenue came in at Rs 9, crore for the March quarter, as against Rs 7, crore for the corresponding period a year ago, according to a regulatory filing. We understand that the first half of April witnessed weakness in demand due to an increase in gold prices and no wedding dates, while the second half of April witnessed some recovery due to Akshay Tritiya. Bull vs Bear: What's the outlook on Sun Pharma? Of the 26 new stores added in the quarter, 14 stores were in Titan World, 9 stores in Helios and 3 stores in Fastrack respectively. The jump in sales was on the back of increased buying of gold in April as consumers celebrated the annual festival of Akshaya Tritiya when buying the yellow metal is considered auspicious, while wedding purchases boosted volumes in the June quarter.

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.

Mint Premium View Less -. Titan Company Q2: Net profit rises 9. Investors would be keenly watching the management commentary over the international business expansion. The board has recommended an interim dividend of Rs 75 a share for the current financial year, and a special dividend of Rs 25 a share to mark the centennial year of Chairman Emeritus Brijmohan Lall Munjal. Titan currently trades at Titan Company share price ended over a percent lower on Wednesday ahead of the announcement of Q1 results. Bajaj Auto is expected to have a In Wearables, the Fastrack brand grew the fastest clocking sizeable gains in the portfolio. It anticipates the jewelry segment to grow by around Quarterly Results of Titan Company in Rs. Capitalised -- -- -- -- -- Other Expenses Looks like you have exceeded the limit to bookmark the image. Tata Group's fashion and lifestyle products retailer Titan reported its standalone profit after tax at Rs crore for the quarter ended June