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#TITAN Q2 results

2,770 ▲ 6 (+0.2%)

-Revenue grows 21.7% YoY to ₹8,790 crore

-Net profit rises by 33.6% YoY to 857 crore

-Net profit surpasses street expectations of ₹713 crore

-Added 105 stores during the year, taking the total to 2,408

Management commentary

-Despite an uncertain macro environment, the current festive season has been positive and the consumer confidence remains upbeat

-Clocked a retail growth of 17-19% in Jewellery, Watches & Wearables and EyeCare segments over the festive season

-Better realisation witnessed across Jewellery and Watches & Wearables segments