28/10/2021 11:32:58 AM | Source: Motilal Oswal Financial Services Ltd
Perspective on 2QFY22 results flash on Titan by Mr. Krishnan Sambhamoorthy, Motilal Oswal Financial Services
Below are Perspective on 2QFY22 results flash on Titan by Mr. Krishnan Sambhamoorthy, Senior VP, Research - Consumer, Motilal Oswal Financial Services
Second highest operating margin since 2QFY06 leads to EBITDA beat
Consolidated performance
* Revenue grew 64.6% YoY to INR74.9b (in line). Revenue growth excluding bullion sales was 78% YoY.
* EBITDA grew 209% YoY to INR9.7b (est. INR8b).
* PBT grew 298% YoY to INR8.7b (est. INR7.1b).
* Recurring PAT grew 268% YoY to INR6.4b (est. INR5.3b).
Titan continues to remain the Top No.1 Discretionary Consumption Idea.
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Add TCS Ltd For Target Rs. 3,500 By Emkay Global Fin...
Study shows toxic metals in breast milk may impair g...
New weekly injection to offer steady Parkinson`s med...
Jay Shah hails first-timers Italy and the Netherland...
Market drifts lower amid tariff jitters, Q1 earnings...
Liverpool retire Diogo Jota`s jersey number 20
Buy Anant Raj Ltd For Target Rs. 800 By Emkay Global...
Metals & Mining Sector Update : Q1FY26 Preview: expe...
Common Services Centres to celebrate 16 years of dig...
Sell Tata Elxsi Ltd For Target Rs. 4,165 By Choice B...
