Titan Company reports 63% jump in Q1 PAT
Mumbai, Aug. 7 -- On a consolidated basis, the company's profit after tax increased 62.9% YoY to Rs 1,777 crore in Q1 FY27. Total income rose 29.3% YoY to Rs 21,502 crore during the quarter.
Profit before tax stood at Rs 2,429 crore in Q1 FY27, up 64.1% YoY. PBT margin expanded to 11.7% from 10.0% a year ago. Adjusting for the impact of the increase in customs duty on gold, profit before tax grew 37% YoY, according to the company.
EBITDA increased 56.9% YoY to Rs 3,036 crore, while EBITDA margin improved by 154 basis points to 14.6%.
On the cost front, cost of goods sold increased 24.5% YoY to Rs 15,949 crore. Employee benefit expenses rose 36.0% YoY to Rs 804 crore. Advertising expenses increased 32.9% YoY to Rs 436 crore, while other...
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