Titan cuts FY25 EBIT margin guidance to 11-11.5%, expects improvement in H2
Tue, Nov 5, 2024 7:18 PM

Titan cuts FY25 EBIT margin guidance to 11-11.5%, expects improvement in H2

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Jeweller and watchmaker Titan Company's management reduced its EBIT margin guidance to 11-11.5 percent for FY2024-25, cutting it from the 11.5-12.5 percent band shared earlier."Given what we have done in H1, I think FY25 looks like more between 11 and 11.5 percent. Maybe we can go back to our original guidance for the next year," said Ashok Sonthalia, Titan's Chief Financial Officer.

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