Titan’s Q3FY24 Quarter Results
Titan’s revenues grew 22% YoY
- 05 Feb 2024
- Titan reported 13% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter ended December (Q3FY24). On a year-on-year (YoY) basis, it witnessed a growth of 22%.
- Its expenses for the quarter were up by 13% QoQ and 24% YoY.
- The net profit grew 15% QoQ and YoY.
- The earnings per share (EPS) of Titan stood at 11.9 during Q3FY24.
Titan’ Financial Statements for Q3FY24:
(Rs crores)
Total income
Q3FY23
11,698
Q2FY24
12,653
Q3FY24
14,300
QoQ (%)
13%
YoY (%)
22%
(Rs crores)
Total expenses
Q3FY23
10,454
Q2FY24
11,402
Q3FY24
12,922
QoQ (%)
13%
YoY (%)
24%
(Rs crores)
Profit before tax
Q3FY23
1,245
Q2FY24
1,252
Q3FY24
1,378
QoQ (%)
10%
YoY (%)
11%
(Rs crores)
Tax
Q3FY23
332
Q2FY24
336
Q3FY24
325
QoQ (%)
-3%
YoY (%)
-2%
(Rs crores)
Profit after tax
Q3FY23
913
Q2FY24
916
Q3FY24
1,053
QoQ (%)
15%
YoY (%)
15%
(Rs crores)
Earnings per share
Q3FY23
10.2
Q2FY24
10.3
Q3FY24
11.9
QoQ (%)
YoY (%)
| (Rs crores) | Q3FY23 | Q2FY24 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
| Total income | 11,698 | 12,653 | 14,300 | 13% | 22% |
| Total expenses | 10,454 | 11,402 | 12,922 | 13% | 24% |
| Profit before tax | 1,245 | 1,252 | 1,378 | 10% | 11% |
| Tax | 332 | 336 | 325 | -3% | -2% |
| Profit after tax | 913 | 916 | 1,053 | 15% | 15% |
| Earnings per share | 10.2 | 10.3 | 11.9 |
Data Source: BSE, Company announcements
The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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