Titan Web Revenue: Titan shares climb over 2 per cent publish September quarter earnings

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Titan Web Revenue: Titan shares climb over 2 per cent publish September quarter earnings



NEW DELHI: Shares of jewelry and watchmaker Titan Firm Ltd on Friday rose over 2 per cent after the agency reported a rise of 9.7 per cent in its consolidated internet revenue within the September quarter. The inventory went up by 2.23 per cent to shut at Rs 3,272.55 on the BSE. In the course of the day, it jumped 2.66 per cent to Rs 3,286.70.
On the NSE, it gained 2.28 per cent to the touch Rs 3,274.50.
Titan Firm Ltd on Friday reported a rise of 9.7 per cent in consolidated internet revenue at Rs 916 crore within the second quarter of the present fiscal, led by gross sales of jewelry within the home market.
The corporate posted a internet revenue of Rs 835 crore within the July-September interval final yr, the Tata Group-managed agency mentioned in a regulatory submitting.
Titan’s gross sales elevated 25 per cent to Rs 10,708 crore in the course of the quarter below overview as towards Rs 8,567 crore within the corresponding quarter a yr in the past.
Its complete bills within the quarter below overview stood at Rs 11,402 crore, up 41.07 per cent year-on-year.