Titan Q3 Results: Date, Time, Earnings Call Details And Other Key Details
The Tata Group company has scheduled an earnings call to discuss the performance in Q3 at 8:15 am on Feb. 5, Wednesday.
Tata Group firm Titan Co. is set to announce its financial statements for the quarter ended December 2024 this week. The company has already released its business update for the quarter, reporting a 24% year-on-year growth. This was led by a 26% YoY growth in its jewellery segment. The EyeCare segment grew 18% YoY followed by the Watches and Wearable which grew 15% YoY. The company's emerging segment grew 5%. Titan Co.'s total market capitalisation is valued at over Rs 1.45 lakh crore.
Here’s everything you need to know about the upcoming Titan Q3 results:
Titan Q3 Results: Date And Time
Titan Co. in a filing to the bourses on Jan. 15 said that its board of directors will meet on Feb. 4, Tuesday to discuss and approve the financial statements for the quarter ended December 2024.
"We wish to inform you that a meeting of the Board of Directors of the Company is scheduled on Tuesday, 4th February 2025 to inter alia, consider and approve the unaudited financial results (standalone and consolidated) for the quarter and nine months ended 31st December 2024. The unaudited results shall be published immediately after the conclusion of the Board Meeting," the company states.
As per the regulatory guidelines of the Securities and Exchange Board of India (SEBI), the trading window for dealing in the shares of the company, which closed on Dec. 24, 2024, shall be opened only 48 hours after the announcement of Q3 results.
Titan Q3 Results: Earnings Call
The Tata Group company has scheduled an earnings call to discuss the performance in Q3 at 8:15 am on Feb. 5, Wednesday. The senior management of Titan will discuss the results followed by a Q&A session.
Titan Share Price History
Shares of Titan Co. have traded on a higher note over the past few months. The stock price has surged over 5% in a month. Titan Co. shares have gone up 3.2% in six months. In contrast, the stock has slipped just over 1% in a year.
Titan Q2 Results
Titan Co. posted a 23% year-on-year drop in its net profit at Rs 704 crore in Q2 against Rs 916 crore in the year-ago period. This was despite a 16% YoY jump in revenues at Rs 14,534 crore in comparison to Rs 12,529 crore in Q2 of FY24. The company's Ebitda was down 12% at Rs 1,236 crore in Q2 against Rs 1,411 crore in the second quarter of FY24. Margins narrowed 289 basis points to 8.5% against 11.3% in the corresponding quarter of last financial year.
