Economy
Titan Reports 24% Revenue Growth in Q1 FY27
CNBC TV181h
THE BRIEF
1
Titan Company Ltd reported a consolidated net profit of ₹1,699 crore for the first quarter of FY27, marking a 65% increase compared to the ₹1,030 crore profit recorded in the year-ago period.
2
Revenue from operations for the jewellery and watchmaker grew 24.3% year-on-year to ₹18,101 crore, though the figure fell short of the CNBC-TV18 poll estimate of ₹19,700 crore.
3
Other major firms reported mixed results, with Power Finance Corporation seeing a 2.1% profit rise to ₹7,012 crore, while NLC India Ltd's net profit declined 39.3% to ₹484.2 crore.