Titan Management Shares Outlook On Gold Prices, Jewellery Demand & Margins

Titan, India's leading consumer lifestyle Company, announced its results today for the quarter and year ended 31st March 2024. Titan (Consolidated) recorded an income growth of 22% in Q4FY24 compared to Q4FY23. EBIT grew by 10% YoY to ~1,192 er, whereas PBT was flat at ~991 crores that included financial costs of CaratLane acquisition and ESOP related costs. Total Income for FY24 at ~47,501 crores grew 23% over FY23. The corresponding PBT grew 4% to ~4,623 crores. Watch Exclusive Chat With Ashok Sonthalia, CFO, Titan Company Ltd.