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Titan Company reports 8% rise in Q2 consolidated net profit

Titan Company reports 8% rise in Q2 consolidated net profit

Titan Company has reported results for second quarter ended September 30, 2018.

The company has reported a marginal rise of 2.86% in its net profit at Rs 314.38 crore for the quarter under review as compared to Rs 305.64 crore for the same quarter in the previous year. Total income of the company increased by 26.38% at Rs 4,433.62 crore for Q2FY19 as compared Rs 3,508.04 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 7.77% in its net profit at Rs 305.91 crore for the quarter under review as compared to Rs 283.85 crore for the same quarter in the previous year. Total income of the company increased by 27.54% at Rs 4,595.13 crore for Q2FY19 as compared Rs 3,603.01 crore for the corresponding quarter previous year.