Titan Company Ltd - Lower Jewellery Biz Margins Hit Q2
Titan Company’s (Titan’s) Q2FY2025 numbers were affected by lower margins in the jewellery business. Consolidated revenues grew by 16% y-o-y;...
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Titan Company - Demand Trends Positive; Miss on Margins
itan Company (TTAN) posted consolidated sales growth of 16% YoY in 2QFY25 (in line). The pressure on EBITDA margins led to a 7% miss on EBITDA...
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HSIE Results Daily: Titan, ABB India, Mankind Pharma, Dr Reddy’s Laboratories
Consolidated jewellery sales (ex-bullion) grew 27% YoY to INR117.8bn (HSIE: in-line). Gold jewellery demand witnessed a step-up jump post the Jul24...
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Titan Company - Big Outperformance Across Segments; Maintain BUY
As per its Q2 business update, TTAN has exceeded our growth expectations across most business segments.Importantly, jewelry has reported a...
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Consumer Discretionary: Muted Demand, Value Plays Remain Outliers
Our discretionary universe is expected to grow by ~11% YoY in Q1FY25. However, a few exceptional names drive up the average
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