New Delhi, Nov. 5 -- Titan Co Ltd, the country's leading branded jewellery and watch maker, on Friday reported a more than twofold jump in its consolidated net profit to Rs 2,393 crore in the September quarter of FY27.
The company had posted a net profit of Rs 1,120 crore during the July-September period a year ago, according to a regulatory filing.
Revenue from operations was up 23.54 per cent at Rs 20,337 crore in Q2 FY27, against Rs 16,461 crore in the corresponding period of the preceding fiscal.
Total expenses increased 13.76 per cent to Rs 18,429 crore in the second quarter of FY27.
Its Jewellery business, which now contributes around 90 per cent of the business, was up 7.25 per cent to Rs 17,721 crore. It was at Rs 16,522 crore in the corresponding quarter a year ago.
Titan's total consolidated income increased 13.7 per cent in Q2 FY27 to Rs 21,430 crore.
In the first half (H1) of FY27, Titan's total consolidated income stood at Rs 42,932 crore, up 21 per cent year-on-year.
Published by HT Digital Content Services with permission from Millennium Post.