Titan This autumn Results: The firm reported a 48 per cent progress in internet revenue in March quarter
Tata group-owned Titan Company reported a 48 per cent progress in internet revenue to Rs 529 crore on a standalone foundation, within the January-March quarter of the monetary 12 months 2020-21, in comparison with Rs 357 crore within the corresponding interval final 12 months. According to a regulatory submitting by the corporate to the BSE on Thursday, April 29, Titan Company’s income from operations stood at Rs 7,135 crore within the March quarter, marking a 61 per cent progress, in comparison with Rs 4,429 crore in the identical interval final 12 months. (Also Read: Titan Falls Over 2% After Net Profit Drops 11% In December Quarter )
According to the assertion, the corporate’s board really helpful a dividend of Rs 4 per fairness share of rupee one every of the corporate, that will likely be dispatched or paid topic to the approval of the shareholders of the agency.
On Thursday, shares of Titan Company settled 0.13 per cent decrease at Rs 1,506.30 apiece on the BSE. Titan opened on the BSE at Rs 1,519.80, registering an intra day excessive of Rs 1,527.35 and an intra day low of Rs 1,497.10 via the buying and selling session. On the NSE, Titan Company settled 0.30 per cent decrease at Rs 1,504.35 apiece.
