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Titan Company consolidated net profit rises 70.86% in the March 2018 quarter

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Capital Market

Sales rise 12.79% to Rs 4059.56 crore

Net profit of Titan Company rose 70.86% to Rs 304.41 crore in the quarter ended March 2018 as against Rs 178.16 crore during the previous quarter ended March 2017. Sales rose 12.79% to Rs 4059.56 crore in the quarter ended March 2018 as against Rs 3599.31 crore during the previous quarter ended March 2017.

For the full year,net profit rose 58.03% to Rs 1101.91 crore in the year ended March 2018 as against Rs 697.28 crore during the previous year ended March 2017. Sales rose 20.93% to Rs 15946.49 crore in the year ended March 2018 as against Rs 13186.78 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales4059.563599.31 13 15946.4913186.78 21 OPM %10.737.11 -10.318.76 - PBDT437.23276.59 58 1680.631188.24 41 PBT401.28249.09 61 1549.201077.71 44 NP304.41178.16 71 1101.91697.28 58

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First Published: May 11 2018 | 4:39 PM IST

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