Titan Company Earnings

Titan Company Q4 Results: Titan Company's revenue from operations stood at Rs 7,135 crore in the March quarter, marking a 61 per cent growth, compared to Rs 4,429 crore last year

Titan Company Share Price: The maker of watches, jewellry, and eyewear posted an 18 per cent increase in revenue, however, net profit slipped 11 percent to Rs 419 crore in the third quarter.

As third-quarter earnings season nears the half-way mark, 74 percent of U.S. companies have topped expectations, above the 72 percent beat rate for the past four quarters.

Titan's EBITDA or operating profit came in at Rs 374 crore compared with Rs 309 crore during the same period last year.

Titan's EBIT (earnings before interest and tax) margin contracted 160 basis points to 11.1 per cent in Q4, led by negative operating leverage (lower sales resulting in lower operating profit).

Tata Group firm Titan Company Ltd on Friday reported 14.4 per cent decline in net profit to Rs 184.11 crore for the fourth quarter ended March 31, 2015-16, mainly due to lower sales.

The company had posted a net profit of Rs 239.98 crore in the same quarter last fiscal, Titan Co said in a BSE filing.

Revenue from Titan's jewellery business, which contributes around 80 per cent to its overall revenues registered a de-growth of 11 per cent in the Q1 at Rs 2,072 crore against Rs 2,325 crore in the same quarter last fiscal.

For the year ended March 31, 2015, Titan reported net profit of Rs 823.07 crore compared with Rs 741.14 crore in the previous year.

Titan Company Ltd on Tuesday reported a 15.19 per cent increase in standalone net profit at Rs 190.73 crore for the third quarter that ended on December 31, 2014.

Strong sales growth driven by one-off jewellery sales led by the foreclosure of advance purchase schemes, says analysts.

The company had reported net profit of Rs 186.65 crore in the corresponding quarter a year ago.

Overall expenses of the company were at Rs 2,641.4 crore during the quarter under review, down 8.22 per cent as compared with Rs 2,877.35 crore in the year-ago period.

The company had reported net profit of Rs 184.97 crore in the corresponding quarter a year ago.

Titan Company Ltd profit may lag consensus estimates when the company reports results for the January-March quarter later in the day, Thomson Reuters StarMine's SmartEstimates showed.

Titan Company Q4 Results: Titan Company's revenue from operations stood at Rs 7,135 crore in the March quarter, marking a 61 per cent growth, compared to Rs 4,429 crore last year

Titan Company Share Price: The maker of watches, jewellry, and eyewear posted an 18 per cent increase in revenue, however, net profit slipped 11 percent to Rs 419 crore in the third quarter.

As third-quarter earnings season nears the half-way mark, 74 percent of U.S. companies have topped expectations, above the 72 percent beat rate for the past four quarters.

Titan's EBITDA or operating profit came in at Rs 374 crore compared with Rs 309 crore during the same period last year.

Titan's EBIT (earnings before interest and tax) margin contracted 160 basis points to 11.1 per cent in Q4, led by negative operating leverage (lower sales resulting in lower operating profit).

Tata Group firm Titan Company Ltd on Friday reported 14.4 per cent decline in net profit to Rs 184.11 crore for the fourth quarter ended March 31, 2015-16, mainly due to lower sales.

The company had posted a net profit of Rs 239.98 crore in the same quarter last fiscal, Titan Co said in a BSE filing.

Revenue from Titan's jewellery business, which contributes around 80 per cent to its overall revenues registered a de-growth of 11 per cent in the Q1 at Rs 2,072 crore against Rs 2,325 crore in the same quarter last fiscal.

For the year ended March 31, 2015, Titan reported net profit of Rs 823.07 crore compared with Rs 741.14 crore in the previous year.

Titan Company Ltd on Tuesday reported a 15.19 per cent increase in standalone net profit at Rs 190.73 crore for the third quarter that ended on December 31, 2014.

Strong sales growth driven by one-off jewellery sales led by the foreclosure of advance purchase schemes, says analysts.

The company had reported net profit of Rs 186.65 crore in the corresponding quarter a year ago.

Overall expenses of the company were at Rs 2,641.4 crore during the quarter under review, down 8.22 per cent as compared with Rs 2,877.35 crore in the year-ago period.

The company had reported net profit of Rs 184.97 crore in the corresponding quarter a year ago.

Titan Company Ltd profit may lag consensus estimates when the company reports results for the January-March quarter later in the day, Thomson Reuters StarMine's SmartEstimates showed.