Titan releases Consolidated Quarterly Results for March 31, 2023. Titan has announced an increase in total income from Rs. 11698 Crores as of December 31, 2022, to Rs. 10474 Crores as of March 31, 2023. The net profit for the company has decreased from Rs. 904 Crores as of December 31, 2022, to Rs. 730 Crores as of March 31, 2023. However, the earnings per share (EPS) have improved, increasing from Rs. 10.18 on December 31, 2022, to Rs. 8.22 on March 31, 2023, according to the company’s statement.
Titan Quarterly Results (Q4 FY2023) – Quarter-over-Quarter Comparison:
Total income of the company is Rs. 10474 Crores (March 31, 2023) vs. Rs. 11698 Crores (December 31, 2022)
Net profit/loss: Rs. 730 Crores (March 31, 2023) vs. Rs. 904 Crores (December 31, 2022)
EPS: Rs. 8.22 (March 31, 2023) vs. Rs. 10.18 (December 31, 2022)
| Financials | Q4 FY2023 | Q3 FY2023 | % Change |
| Total Income | ₹ 10474 Cr | ₹ 11698 Cr | ⬇ -10.46% |
| Net Profit | ₹ 730 Cr | ₹ 904 Cr | ⬇ -19.25% |
| EPS | ₹ 8.22 | ₹ 10.18 | ⬇ -19.25% |
Titan Quarterly Results (Q4 FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. 10474 Crores (March 31, 2023) vs. Rs. 7872 Crores (March 31, 2022)
Net profit/loss: Rs. 730 Crores (March 31, 2023) vs. Rs. 510 Crores (March 31, 2022)
EPS: Rs. 8.22 (March 31, 2023) vs. Rs. 5.74 (March 31, 2022)
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹ 10474 Cr | ₹ 7872 Cr | ⬆ 33.05% |
| Net Profit | ₹ 730 Cr | ₹ 510 Cr | ⬆ 43.14% |
| EPS | ₹ 8.22 | ₹ 5.74 | ⬆ 43.21% |
Titan Quarterly Results (Year Ended FY2023) – Year-over-Year Comparison:
Total income of the company is Rs. Crores (March 31, 2023) vs. Rs. 29033 Crores (March 31, 2022)
Net profit/loss: Rs. Crores (March 31, 2023) vs. Rs. 2173 Crores (March 31, 2022)
EPS: Rs. (March 31, 2023) vs. Rs. 24.48 (March 31, 2022)
| Financials | 12 Months Ended FY2023 | 12 Months Ended FY2022 | % Change |
| Total Income | ₹ 40883 Cr | ₹ 29033 Cr | ⬆ 40.82% |
| Net Profit | ₹ 3250 Cr | ₹ 2173 Cr | ⬆ 49.56% |
| EPS | ₹ 36.61 | ₹ 24.48 | ⬆ 49.55% |
Titan Share Dividend Announcement / Record Date:
The Board of Directors has declared a Final Dividend of ₹10 per Equity Share of Face Value of ₹1 each of the Company (000% of Face Value). Total Dividend for FY23 stood at ₹7.50 per Equity Share (Interim Dividend of ₹1 per Equity Share)
| Dividend | Record Date |
| ₹10 per Equity Share | Coming Soon |
The dividend’s record date has not yet come
About Titan:
An Indian firm called Titan Limited specialises in producing stylish items including jewellery, watches, and eyewear. The business, which is a member of the Tata Group and was initially a joint venture with TIDCO, has its corporate headquarters in Bangalore’s Electronic City and its registered office in Hosur, Tamil Nadu.
Download Full PDF Q4 Results Titan:
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