Despite misses, top brokerages retain ratings on Titan. Should you buy, sell or hold? : vimarsana.com

Despite misses, top brokerages retain ratings on Titan. Should you buy, sell or hold?

On Thursday, Titan reported a 9% year-on-year (YoY) growth in its standalone net profit at Rs 1,040 crore in the third quarter. It was Rs 951 crore a year ago. The profit figure was lower than the ET NOW poll estimate of Rs 1,159 crore. Revenue from operations jumped 20% YoY to Rs 13,052 crore in the reporting quarter, compared with Rs 10,875 crore in the last year quarter.

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