HomeNewsBusinessStocksTitan Company: Second half of FY25 likely to be stronger

Titan Company: Second half of FY25 likely to be stronger

The cut in customs duty significantly boosted consumer sentiment, and Titan expects better growth in the second half of the fiscal

Bharat Gianani

November 08, 2024 / 10:16 IST

Titan Company: Second half of FY25 likely to be stronger

While the topline growth was strong in Q2, margins declined owing to customs duty reduction on gold (leading to write down of inventory) as well as decline in the share of studded jewellery.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More