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In Q2 FY24, Titan's jewellery sales exceed $1 billion

Titan reported robust growth in Q2 FY24 with a 19% increase in total jewellery sales, driven by strong demand for high-value items, as well as expansions and new offerings in various segments of the business ....

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Titan Q2 earnings garner positive views from brokerages; CLSA, HSBC recommend buy

Titan Company on Friday reported a nearly 10% year-on-year (YoY) rise in net profit for the quarter ended September 2023 to Rs 940 crore. This was way higher than an ETNow poll of Rs 860 crore. Revenue from operations grew by 34% YoY to Rs 11,660 crore and was also above the estimated Rs 10,375 crore. ....

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titan: Early signs are very good and we are very positive about Q3 and Q4 shaping up well: Titan CFO

“The jewellery EBIT margin on a full year basis is 12% to 13%. Our focus is more on growth, market share gain, number of customers coming to our fold and delivering a consistent margin profile. Q2 is more diamond studded activation quarter. So the margin profile of Q2 is slightly elevated every year.” ....

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Titan stocks: Buy Titan Company, target price Rs 3900: Motilal Oswal

Titan Company Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 290385.98 Crore) operating in Gems and Jewellery sector. ....

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