 "q1 results, earnings, companies, india inc, corporate")
Titan reported a net profit of Rs 790 crore in the first quarter, a steep climb from Rs 18 crore in the year-ago quarter, while its revenue soared 199 per cent to Rs 8,975 crore.
“Titan Company recorded its second-best quarterly revenue in Q1FY23, buoyed by a strong festive demand in a near normal Q1 that came after a gap of two Covid disrupted periods of Q1 FY21 and Q1 FY22,” the company said in its earnings release.
Excluding the sale of bullion, the company’s revenue stood at Rs 8,649 crore, a growth of 199 per cent, compared to Rs
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