Titan Q2 results updates: Net profit rises 9.7% to Rs.940 crore

Titan Q2 Results Live Updates: Titan Company, the jewellery and watch maker, announced its financial results today for the second quarter of FY24. The Tata Group company reported a net profit of Rs. 940 crore in the quarter ended September 2023, registering a growth of 9.7% from Rs.857 crore in the year-ago quarter. Revenue from operations in Q2FY24 increased 33.6% to Rs.11,660 crore from Rs.8,730 crore in the corresponding period of last fiscal.

Jewellery business reported total Income of Rs.8,575 crore, recording an increase of 19% YoY.

The India business grew by 21% during the quarter. Stay tuned to our Titan Q2 Results Live Blog for the latest updates.