India's Tata-owned Titan misses Q2 profit view on bleak studded jewellery demand
Indian jeweller and watchmaker Titan reported a smaller-than-expected second-quarter profit on Tuesday, hurt by weak demand in its studded jewellery business. The Tata group company posted a consolidated profit of 7.
Titan’s Q2 net profit falls 23% to Rs 704 crore
Leading jewellery and watchmaker Titan on Tuesday reported a 23 per cent decline in its consolidated net profit to Rs 704 crore for the second quarter ended on September 2024. The company posted a net profit of Rs 916 crore in the July-September quarter a year ago,
Titan Q2 Results: Net Profit Falls 23% Due to Customs Duty Cut, Jewellery Business Up 25% | ET Now
Net Profit Falls 23% Due to Customs Duty Cut, Jewellery Business Up 25% | ET Now#titan #q2ernings #q2results #etnow #businessnews #jewellerybusiness
India's Titan's Q2 profit falls as gold import tax cut drives inventory losses
India's Titan reported a 23% fall in second-quarter profit on Tuesday, as a cut in customs duty on gold imports led to inventory losses and shrank margins. The Tata group company posted a consolidated profit after tax of 7.
'Gold Customs duty cut had impact of Rs 290 crore': Titan's profit falls 25% in July-Sept quarter
Union Finance Minister Nirmala Sitharaman proposed a decrease in Customs duty on gold from 15% to 6% in the Union Budget 2024.
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