Titan Q3 Results: Profit declines 5% to Rs 990 crore, margin shrinks by 180 bps; catch key takeaways here

Titan Q3 FY25 Results: Tata radical manner products shaper Titan connected Tuesday reported a 5.0 per cent diminution successful its standalone nett net for the 4th ended December 31, falling abbreviated of analysts' expectations. According to analysts, customs work changes connected golden impacted Titan's proftiablity with a important dent successful its gross borderline causing operational pressure. 

Titan Q3 Earnings

Titan's quarterly revenue, however, accrued 23.3 per cent connected a year-on-year ground to Rs 16,097 crore, according to a regulatory filing. 

How did Titan fare connected the top-line and bottom-line fronts?

Titan missed the people successful presumption of analysts' expectations.  

According to Zee Business research, Titan was estimated to registry a nett net of Rs 1,040 crore with gross of Rs 16,528 crore for the 3rd 4th of the existent fiscal year. 

Titan Q3 Results | How the Tata radical institution execute connected the operational front

Titan's third-quarter net earlier interest, taxes, depreciation and amortisation (EBITDA) stood astatine Rs 1,510 crore, an summation of 4.0 per cent implicit the year-ago period.

Its borderline contracted to 9.4 per cent from 11.2 per cent a twelvemonth ago, according to the filing. 

Zee Business analysts had pegged Titan's Q3 EBITDA astatine Rs 1,630 crore and borderline at 9.9 per cent.