Wednesday, 8 May 2019

Titan Q4 Preview: Brokerages Expect Double Digit Growth In Profit

Titan Company is expected to report double-digit growth across parameters in the quarter ending March 31. The Jewellery-to-watch maker will announce its quarterly results on May 8.

Its recent guidance for FY19 also indicated that trend. While the growth in jewellery business is likely to be in double-digits, an encouraging show from watches, eye wear and other segments was the key takeaway from the company's recent guidance.

For FY19, topline growth would be close to 22 percent year-on-year as against a revenue uptick of 24.9 percent YoY in FY18, the company said last month.

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