Titan Company has redeemed the commercial paper of Rs 500 crore issue on 12 April 2024. Powered by Capital Market - Live News

Net profit of Titan Company rose 5.62% to Rs 771.00 crore in the quarter ended March 2024 as against Rs 730.00 crore during the previous quarter ended March 2023. Sales rose 21.86% to Rs 11229.00 crore in the quarter ended March 2024 as against Rs 9215.00 crore during the previous quarter ended March 2023.For the full year,net profit rose 7.57% to Rs 3496.00 crore in the year ended March 2024 as against Rs 3250.00 crore during the previous year ended March 2023. Sales rose 23.28% to Rs 46751.00 crore in the year ended March 2024 as against Rs 37924.00 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales11229.009215.00 22 46751.0037924.00 23 OPM %10.6111.82 -11.3212.87 - PBDT1149.001107.00 4 5207.004888.00 7 PBT991.00988.00 0 4623.004447.00 4 NP771.00730.00 6 3496.003250.00 8 Powered by Capital Market - Live News

Titan Company announced that the Board of Directors of the Company at its meeting held on 03 May 2024, has recommended a Final dividend of Rs.11 per share (i.e.1100%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Titan Company has received reaffirmation in credit rating for fixed deposit programme of Rs 5,300 crore at ICRA AAA; Stable. Powered by Capital Market - Live News

Titan Company will hold a meeting of the Board of Directors of the Company on 3 May 2024.Powered by Capital Market - Live News