TITAN Q4 RESULTS: NET PROFIT UP 7% ON YEAR; ANNOUNCES DIVIDEND OF RS 11/SHARE

Titan, a Tata Group company, announced its net profit for Q4 FY24 standing at Rs 786 crore, an increase of 7% year-on-year, compared to Rs 734 crore it reported in the previous year of the same quarter. 

The company’s revenue from operations grew to Rs 11,407 in Q4 FY24, up 16.3% on year, against Rs 9,808 crore it posted in Q4 of FY23. 

Dividend Announcement

Titan’s board of directors has declared a dividend of Rs 11 per equity share. “The Board has recommended a Dividend of Rs 11.00 per equity share of rupee 1 each of the company which shall be paid/dispatched on or after the seventh day from the conclusion of the 40th annual general meeting, subject to the approval of the shareholders of the company,” said Titan. 

2024-05-03T12:08:15Z dg43tfdfdgfd