Titan Company will hold a meeting of the Board of Directors of the Company on 3 May 2024.Powered by Capital Market - Live News

Titan has received reaffirmation in credit ratings from CARE for bank facilities (Rs 10,000 crore) and commercial paper (Rs 2500 crore) at CARE AAA; Stable/ CARE A1+. Powered by Capital Market - Live News

Titan Company had executed relevant documents today to purchase balance 1,19,489 equity shares held by the individual shareholders of CaratLane Trading (CaratLane) representing 0.36% of the total paid-up equity share capital of face value of Rs. 2 each/- of CaratLane. As on date, CaratLane is a subsidiary of the Company wherein the Company hold 99.64% of the total paid up capital of CaratLane. The completion of the aforesaid share purchase would result in CaratLane becoming a wholly owned subsidiary of the Company.Powered by Capital Market - Live News

Net profit of Titan Company rose 16.48% to Rs 1053.00 crore in the quarter ended December 2023 as against Rs 904.00 crore during the previous quarter ended December 2022. Sales rose 25.04% to Rs 13963.00 crore in the quarter ended December 2023 as against Rs 11167.00 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales13963.0011167.00 25 OPM %11.2112.06 - PBDT1532.001358.00 13 PBT1378.001245.00 11 NP1053.00904.00 16 Powered by Capital Market - Live News

Titan Company will hold a meeting of the Board of Directors of the Company on 1 February 2024.Powered by Capital Market - Live News