Analysts said the impact of custom duty cut while benefited the jewellery growth, weighed negatively on reported margins; Should you invest?

News18 India

India

Titan Falls Over 3% After Q2 Numbers Fail To Impress Investors; Buy, Hold Or Sell?

Media Bias/Fact Check

Mukesh Ambani

At 11:15 am, shares of Titan were down 2.80% at Rs 3,142.50 on the Bombay Stock Exchange (BSE).

India Today

Living Media

Titan share price falls 3% after disappointing Q2 results. Buy or sell?

Even as Titan Co. reported a muted quarterly earnings performance, CFO Ashok Sonthalia said they were confident of the company's performance in the upcoming quarters of fiscal 2025. While the company has experienced some margin pressure, it remains optimistic about growth in the second half of the financial year, Sonthalia told NDTV Profit.The company had previously benefited from a surge in demand for gold jewellery, particularly after the gove…

NDTV Profit

Titan Bullish About Next Two Quarters Of FY25, Says CFO Ashok Sonthalia

New Delhi: Shares of leading jewellery retailer and watchmaker Titan fell by nearly 4 per cent on Wednesday morning after the firm reported a 23 per cent decline in consolidated net profit to Rs 704 crore for the second quarter ended on September 2024. The stock declined 3.69 per cent to Rs 3,113.65 on the BSE. At the NSE, it went lower by 3.59 per cent to Rs 3,114. The stock emerged as the biggest laggard among the BSE Sensex and NSE Nifty firm…

NewsDrum

Titan shares decline nearly 4% after Q2 earnings

Thangamayil Jewellery Ltd witnessed a significant decline in its stock price following the release of its second-quarter financial results for FY25. The company reported a substantial year-on-year (YoY) decline in profitability, with rising costs and inventory losses severely impacting its bottom line. As of 1:58 pm, shares were trading 4.44% lower at ₹2,147.20 on the NSE, reflecting investor concerns over the weak performance. Revenue Performan…

Business Upturn

Thangamayil Jewellery shares decline over 5% following weak Q2 FY25 results

Learn how Titan’s strategic expansions and premium brand focus are setting the stage for long-term growth  Titan Company Ltd reported a mixed performance for Q2FY2025. While revenue showed robust growth, profitability faced pressures due to changes in custom duties and shifts in the product mix. The net profit for the quarter ending in September 2024 saw a 23% decline, dropping to ₹704 crore from ₹916 crore in the same quarter last fiscal year. …

The Business Achiever

Titan Q2 Financial Report: Analyzing Key Performance Metrics

Source: Live Mint   
Titan share price declined over 3% on Wednesday after the company reported a sharp fall in net profit for the second quarter of FY25 impacted by a cut in customs duty on gold imports. Titan shares sank as much as 3.69% to  ₹3,113.65 apiece on the BSE.  
Titan Company reported a net profit of  ₹705 crore in the quarter ended September 2024, a fall of 25% from  ₹940 crore in the year-ago period. The company’s earnings saw an i…

TheSpuzz

Titan share price falls over 3% after weak Q2 results; Should you buy, sell, or hold the Tata Group stock?

Titan Company Share Target Price : September quarter was weak for Titan Company, due to which its shares fell today. Today Titan share has become the top loser of Nifty 50 and Sensex 30. The company’s profit declined by 23 percent to Rs 704 crore in the quarter ending September 2024. At the same time, the management has reduced its margin guidance to 11-11.5%. After which a sentiment was formed that the relatively poor performance of Titan may c…

Morning Express

Titan: Opportunity to get 45% return in multibagger stock of mutual fund's choice, brokerage gave a big target of Rs 4598.

Titan Company Ltd announced its July to September quarter results on Tuesday, November 5. The company recorded a 25 per cent fall in net profits to ₹ ₹704 crore in the second quarter of the financial year 2024-25, compared to ₹916 crore in the same quarter the previous year, according to the company's BSE filing.  The jewellery segment reported 25.5% YoY (ex-bullion) sales growth led by increased gold purchases following a reduction in custom du…

Titan Falls Over 3% After Q2 Numbers Fail To Impress Investors; Buy, Hold Or Sell?

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