Consumer discretionary major Titan Ltd reported 13% growth in its consolidated net profit at Rs 871 crore in the fourth quarter, compared with Rs 771 crore in the year-ago quarter. Total income during the reporting period increased 22% YoY to Rs 14,049 crore.
The Board has recommended a dividend of Rs 11 per share, which will be paid on or after the seventh day from the conclusion of the AGM.
EBITDA for the fourth quarter increased 23% YoY to Rs 1,470 crore, while margins improved 8 bps to 10.5%.
"While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan’s businesses clocked yet another year of strong 22% revenue growth resulting in the Company crossing the impressive milestone of Rs 50,000+ crore of revenues for the full year," said C K Venkataraman, MD, Titan.
More to come...
The Board has recommended a dividend of Rs 11 per share, which will be paid on or after the seventh day from the conclusion of the AGM.
EBITDA for the fourth quarter increased 23% YoY to Rs 1,470 crore, while margins improved 8 bps to 10.5%.
"While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan’s businesses clocked yet another year of strong 22% revenue growth resulting in the Company crossing the impressive milestone of Rs 50,000+ crore of revenues for the full year," said C K Venkataraman, MD, Titan.
More to come...
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