Titan beats the Street, declares dividend of ₹11 as net profit rises 11% to ₹870 crore

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HomeMarket NewsStocks NewsTitan beats the Street, declares dividend of ₹11 as net profit rises 11% to ₹870 crore

The Q4FY25 EBITDA margin expanded to 10.7% versus 9.9% in the year-ago quarter. The CNBC-TV18 poll had predicted a margin of 10.1%. Shares of Titan Company Ltd ended at ₹3,363.45, up by ₹23.15, or 0.69%, on the BSE.

Titan beats the Street, declares dividend of ₹11 as net profit rises 11% to ₹870 crore

Leading jewellery retailer and watchmaker Titan Company Ltd on Thursday (May 8) reported a 10.7% year-on-year (YoY) increase in net profit at ₹870 crore for the fourth quarter ended March 31, 2025, over ₹786 crore in Q4FY24. The CNBC-TV18 poll had predicted a net profit of ₹837 crore.


The company’s Q4 numbers topped expectations on all vital parameters.


Revenue from operations surged 19.7% YoY to ₹13,477 crore against ₹11,257 crore, again beating the CNBC-TV18 poll prediction of ₹13,055 crore.


Also Read: Titan names Ajoy Chawla as next MD; CK Venkataraman to retire in December


Earnings before interest, tax, depreciation, and amortisation (EBITDA) jumped 29.7% to ₹1,438 crore in the fourth over ₹1,109 crore last year. The CNBC-TV18 poll had predicted an EBITDA of ₹1,320 crore for the quarter under review.


The EBITDA margin expanded to 10.7% versus 9.9% in the year-ago quarter. The CNBC-TV18 poll had predicted a margin of 10.1%.


The board has recommended a dividend of ₹11 per equity share of ₹1 each of the company, which shall be paid/dispatched on or after the seventh day from the conclusion of the 41st annual general meeting, subject to shareholder approval.


Also Read: Titan Q3 Results: Revenue growth of 23%; Net profit misses estimates


The results came after the close of the market hours. Shares of Titan Company Ltd ended at ₹3,363.45, up by ₹23.15, or 0.69%, on the BSE.

(Edited by : Shoma Bhattacharjee)

First Published: 

May 8, 2025 7:10 PM

IST

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