Titan Company reports 23% fall in Q2 consolidated net profit

Ace News

5th Nov 2024

Titan Company has reported results for second quarter ended September 30, 2024 (Q2FY25). 

The company has reported 25% fall in its net profit at Rs 705 crore for the quarter ended September 30, 2024 as compared to Rs 940 crore for the same quarter in the previous year. However, total income of the company increased by 13.24% at Rs 13,342 crore for Q2FY25 as compared to Rs 11,782 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 23.14% fall in net profit at Rs 704 crore for Q2FY25 as compared to Rs 916 crore for the same quarter in the previous year. However, total income of the company increased by 15.83% at Rs 14656 crore for Q2FY25 as compared to Rs 12653 crore for the corresponding quarter previous year.