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Titan Company standalone net profit rises 7.40% in the March 2017 quarter

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Capital Market

Sales rise 43.41% to Rs 3429.70 crore

Net profit of Titan Company rose 7.40% to Rs 200.71 crore in the quarter ended March 2017 as against Rs 186.88 crore during the previous quarter ended March 2016. Sales rose 43.41% to Rs 3429.70 crore in the quarter ended March 2017 as against Rs 2391.49 crore during the previous quarter ended March 2016.

For the full year,net profit rose 9.22% to Rs 761.86 crore in the year ended March 2017 as against Rs 697.57 crore during the previous year ended March 2016. Sales rose 13.81% to Rs 12614.54 crore in the year ended March 2017 as against Rs 11084.05 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales3429.702391.49 43 12614.5411084.05 14 OPM %7.938.73 -9.488.52 - PBDT291.13224.21 30 1223.02975.52 25 PBT268.71201.29 33 1129.79888.40 27 NP200.71186.88 7 761.86697.57 9

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First Published: May 13 2017 | 3:30 PM IST

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