Q2 Results LIVE Updates: SBI among five Nifty earnings today; Suzlon, Paytm to also report
Published on 04/11/2025 07:55 AM
Nomura on Titan:
Buy Call, Target Price At Rs 4,275/Sh
In Q2 Sales Were Strong, Largely In –line With Pre-quarter Update
Margin Was A Bit Lower YoY But Strong Festive Demand Could Drive An Improving Outlook
Jewellery Sales In-line, Margin A Bit Lower
Watches Sales Growth Of 13% YoY Was Slightly Better Than Pre-quarterly Update Of 12% YoY
EyeCare Sales Growth Of 8.5% YoY Was In-line With The Pre-quarter Update
Emerging Businesses Sales Growth Of 34% YoY
TEAL Segment Reported Sales Growth Of 112% YoY
Net loss at ₹21.21 cr vs profit of ₹101.27 cr (YoY)
Revenue up 0.5% at ₹1,119.42 cr vs ₹1,113.41 cr (YoY)
EBITDA up 0.5% at ₹135.95 cr vs ₹135.23 cr (YoY)
Margin flat at 12% (YoY)
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