Titan Company Ltd posts consolidated PAT of Rs. 785 crores in Q1 FY2023

Titan Company Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 9487 crores during the period ended June 30, 2022 as compared to Rs. 7872 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 785 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 510 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 8.84 for the period ended June 30, 2022 as compared to Rs. 5.74 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 9487 crs	₹7872 crs	20.52%
Net Profit	₹785 crs	₹510 crs	53.92%
EPS	₹8.84	₹5.74	54.01%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 9487 crores during the period ended June 30, 2022 as compared to Rs.3519 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.785 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.20 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.8.84 for the period ended June 30, 2022 as compared to Rs.0.22 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 9487 crs	₹3519 crs	169.59%
Net Profit	₹785 crs	₹20 crs	3,825.00%
EPS	₹8.84	₹0.22	3,918.18%

Shares of Titan Company Limited was last trading in BSE at Rs. 2423.20 as compared to the previous close of Rs. 2414.50. The total number of shares traded during the day was 29141 in over 3276 trades.

The stock hit an intraday high of Rs. 2431.40 and intraday low of 2372.95. The net turnover during the day was Rs. 70085576.00.

Source : Equity Bulls

Keywords

TitanCompany Q1FY23 ResultUpdate