Titan reported Q3 Results on February 02, 2023. The company reported Consolidated PAT of Rs. 951 crores down 4% YoY, and missed the ET Now poll estimates.

Titan reported a Total Income of Rs.10,651 crores rose 12%YoY. It was Rs.9,516 crores in Q3 last year. 

Titan reported a Profit before Tax of Rs.1,267 crores down 4% YoY. It was Rs.1,317 crores in Q3 last year. 

Titan reported a Profit after tax of Rs 951 crores down 4% YoY, it was Rs 987 crores in Q3 last year. 

Titan declared EBITD of Rs. 1,328 crores in Q3FY23 down 3% from Rs. 1,369 crores in Q3FY22.

Titan declared EBITD margin of 12.5% in Q3FY23 down 192 bps from 14.4% in Q3FY22.

Tanishq opened its first boutique store in New Jersey, USA in December 2022 taking the total international count to 6 stores.

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