Titan Company consolidated net profit rises 62.89% in the March 2021 quarter

Sales rise 59.21% to Rs 7351.00 crore

Net profit of Titan Company rose 62.89% to Rs 564.00 crore in the quarter ended March 2021 as against Rs 346.25 crore during the previous quarter ended March 2020. Sales rose 59.21% to Rs 7351.00 crore in the quarter ended March 2021 as against Rs 4617.31 crore during the previous quarter ended March 2020.

For the full year,net profit declined 35.18% to Rs 973.00 crore in the year ended March 2021 as against Rs 1501.00 crore during the previous year ended March 2020. Sales declined 3.27% to Rs 20088.00 crore in the year ended March 2021 as against Rs 20768.00 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales7351.004617.31 59 20088.0020768.00 -3 OPM %11.1113.26 -8.5611.86 - PBDT823.00611.33 35 1702.002450.00 -31 PBT730.00509.25 43 1327.002102.00 -37 NP564.00346.25 63 973.001501.00 -35

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