Titan Company Ltd.

NSE: TITAN | BSE: 500114 | ISIN: INE280A01028 | Industry: Gems & Jewellery
| Expensive Rocket
3691.1000 0.50 (0.01%)
NSE Sep 04, 2025 15:31 PM
Volume: 635.8K
 

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Titan Company Ltd.
05 Nov 2019
3691.10
0.01%
Sharekhan
Titan Company's (Titan) Q2FY2020 performance was affected by spike in gold prices during June, which affected jewellery sales in July. Consolidated revenue grew by just 2% to Rs. 4,600.7 crore, with revenue of the jewellery business declining by 2%, watches business revenue growing by 6% and eyewear business revenue growing by 28.5%. Revenue of the jewellery business included hedging impact of Rs. 120 crore, as the company purchased gold before spike in prices , which was hedged at lower price. Though customers were billed at transaction day gold rates, which were...
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