Titan Company Limited — Board Meeting, 05-11-2024: Outcome of Board Meeting

Titan Company Limited reported a 26% revenue growth for Q2 FY2024-25, with consolidated income reaching ₹13,660 crore. However, profitability declined due to a custom duty reduction, with profit before tax decreasing by 24% to ₹948 crore. The jewellery segment saw a 26% increase in revenue, while watches and wearables grew by 19%. The company remains optimistic about future performance despite quarterly challenges.