Titan Company Q3 FY24 Results Live : profit rise by 16.48% YOY
Titan Company declared their Q3 FY24 results on 01 Feb, 2024. The topline increased by 22.01% & the profit increased by 16.48% YoY. As compared to the previous quarter the revenue grew by 13.05% and the profit increased by 15.08%.
The Selling, general & administrative expenses rose by 11.9% q-o-q & increased by 19.59% Y-o-Y.
The operating income was up by 11.37% q-o-q & increased by 14.34% Y-o-Y.
The EPS is ₹11.9 for Q3 FY24 which increased by 16.9% Y-o-Y.
Titan Company has delivered -3.73% return in the last 1 week, 24.99% return in last 6 months and -1.31% YTD return.
Currently the Titan Company has a market cap of ₹322040 Cr and 52wk high/low of ₹3886.95 & ₹2269.6 respectively.
As of 03 Feb, 2024 out of 28 analysts covering the company, 1 analyst has given Strong Sell rating, 2 analysts have given Sell rating, 5 analysts have given Hold rating, 11 analysts have given Buy rating & 9 analysts have given Strong Buy rating.
The consensus recommendation as on 03 Feb, 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 14164 | 12529 | +13.05% | 11609 | +22.01% |
| Selling/ General/ Admin Expenses Total | 818 | 731 | +11.9% | 684 | +19.59% |
| Depreciation/ Amortization | 154 | 144 | +6.94% | 113 | +36.28% |
| Total Operating Expense | 12753 | 11262 | +13.24% | 10375 | +22.92% |
| Operating Income | 1411 | 1267 | +11.37% | 1234 | +14.34% |
| Net Income Before Taxes | 1378 | 1252 | +10.06% | 1245 | +10.68% |
| Net Income | 1053 | 915 | +15.08% | 904 | +16.48% |
| Diluted Normalized EPS | 11.9 | 10.31 | +15.42% | 10.18 | +16.9% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹1053Cr
Question : What is Q3 FY24 revenue?
Ans : ₹14164Cr
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Published: 03 Feb 2024, 02:43 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.