ResultsMint
Titan misses Q2 revenue estimates but beats profit view
Positive+10Company event
GreyOak summary
Titan Co. reported Q2 revenue of Rs 20,614 crore, missing analyst estimates, while net profit rose to Rs 2,393 crore, beating expectations. The company attributed positive jewellery demand to softer gold prices, which corrected by nearly Rs 5,000 per 10 grams during the festive season.
What it affects
- Titan CompanyTITANPositive +10
Revenue missed estimates while profit beat expectations.Rolling sentiment Positive +53
Source
Read the original at MintMore Titan Company news
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