Titan stock in focus as Q2 profit falls 23% YoY
Wed, Nov 6, 2024 9:45 AM

Titan stock in focus as Q2 profit falls 23% YoY

A Flip by Shubhangi Gupta
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Titan shares are in focus on Wednesday after the company reported that its consolidated profit for the quarter ended September 2024 fell 23.1% to Rs 704 crore year-on-year (YoY) mainly due to impact of customs duty reduction. During the quarter, Titan's total income rose 26% YoY to Rs 13,660 crore. The profit figure was lower than Street estimates of Rs 900 crore as reflected in a poll by ET Now.

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