Titan Q4 preview: A shift in the wedding season may help net profit increase by 50% to Rs 737 crore

Titan Q4 preview: A shift in the wedding season may help net profit increase by 50% to Rs 737 crore.

Titan’s EBITDA margin was estimated by brokerages to be 11.6 percent, up from 10.7 percent in the same quarter last year.

[{"selector":"#anim-a3a8e8bf-464b-4650-8908-099009891536 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

According to the operating update, the jewels and watchmaker’s income is expected to increase by 25% annually to Rs 9,095 crore.

[{"selector":"#anim-214d81cc-6dc9-41bf-b8ec-f3f29fe0d8c5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

The Street estimates a 12 percent EBIT margin for the jewelry industry, with greater studded sales and operating leverage as support.

[{"selector":"#anim-0e015a24-9146-491e-8974-902ac9c0a318 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]