Titanium This autumn Outcomes: Titan has additionally launched its fourth quarter outcomes. Tata group firm Titan mentioned that the corporate’s consolidated web revenue slipped 7.21 p.c within the January-March quarter. 527 crore, slipping 7.21 p.c. On the similar time, the corporate’s web revenue in the identical interval a yr in the past was Rs 568 crore.
Revenue up 4.25 p.c
Within the data despatched to the inventory exchanges, the corporate mentioned that its whole revenue elevated by 4.25 per cent to Rs 7,872 crore within the fourth quarter as in comparison with Rs 7,551 crore in January-March 2021. Titan mentioned gross sales of its merchandise declined 1.14 per cent to Rs 7,267 crore within the fourth quarter of FY 2021-22 from Rs 7,351 crore within the year-ago interval.
bills additionally elevated
Allow us to let you know that the entire expenditure of the corporate has elevated by 5.04 p.c to Rs 7,165 crore. Within the fourth quarter of the monetary yr 2020-21, it was Rs 6,821 crore. Titan mentioned in a press release, “We carried out nicely within the fourth quarter regardless of the partial lockdown, volatility in gold costs and geopolitical uncertainty.”
Income up 11.8 p.c
Titan’s income from the jewelery phase grew 2.47 per cent to Rs 6,843 crore within the quarter. On the similar time, the income acquired from the sale of watches elevated by 11.8 p.c to Rs 625 crore. The corporate’s consolidated web revenue greater than doubled to Rs 2,198 crore for your entire monetary yr 2021-22. The corporate’s consolidated web revenue stood at Rs 974 crore within the monetary yr 2020-21.
Firm working to achieve new heights
CK Venkataraman, Managing Director, Titan, mentioned, “Regardless of all of the challenges in This autumn, the efficiency when it comes to development and profitability has been passable. We’re able to scale new heights within the monetary yr 2022-23.
Pension Scheme: On this authorities scheme, you’re going to get 3000 rupees each month, get registered rapidly, you’re going to get the good thing about 36000
Central Authorities Scheme: Central authorities will give 1800 rupees each month to the folks of 18 to 40 years, know what’s the complete matter?