Titan Company Q2 PAT seen up 58.4% YoY to Rs 1,116.4 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the Consumer sector. The brokerage house expects Titan Company to report net profit at Rs 1,116.4 crore up 58.4% year-on-year (up 8.4% quarter-on-quarter).

Net Sales are expected to increase by 15 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs 15,197.3 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 53.9 percent Y-o-Y (up 6.9 percent Q-o-Q) to Rs 1,744.2 crore.

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