Titan Company reports 14% rise in Q4 consolidated net profit
9th May 2019

Titan Company has reported results for fourth quarter and year ended March 31, 2019.

The company has reported a marginally rise of 4.42% in its net profit at Rs 294.58 crore for the quarter under review as compared to Rs 282.12 crore for the same quarter in the previous year. Total income of the company increased by 20.08% at Rs 4,727.18 crore for Q4FY19 as compared Rs 3,936.77 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 14.42% in its net profit at Rs 348.30 crore for the quarter under review as compared to Rs 304.41 crore for the same quarter in the previous year. Total income of the company increased by 19.86% at Rs 4,945.06 crore for Q4FY19 as compared Rs 4,125.69 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 18.19% in its net profit at Rs 1374.36 crore as compared to Rs 1162.87 crore for the previous year. Total income of the company increased by 22.27% at Rs 19,248.47 crore for year under review as compared to Rs 15,742.25 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 26.02% in its net profit at Rs 1,388.65 crore as compared to Rs 1,101.91 crore for the previous year. Total income of the company increased by 22.88% at Rs 19,961.46 crore for year under review as compared to Rs 16,244.81 crore for year ended March 31, 2018.