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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.
According to a Moneycontrol poll, Titan Company is likely to report a 16 percent revenue growth at Rs 16,366 crore.
Brokerages were mixed on their outlook for Titan shares, as some remained bullish, while the others were bearish on volatile gold prices, rising competition.
According to a Moneycontrol poll, Titan Company is likely to report a 14.6 percent revenue growth at Rs 12,904 crore.
Titan Company's Q2 profit fell 25 percent year-on-year, prompting brokerages to cut target prices due to a customs duty cut impact, shrinking margins, and weak demand in key segments.
Titan's slower-than-expected topline growth is a result of the sudden spike in gold price and low-wedding days.
Titan is expected to see a tepid quarter amid lower number of wedding days, rising gold prices and increasing competition from regional players.
Titan's growth will be led by its jewellery segment, as the improved wedding segment performance is set to drive performance.