Browsing: Titan Company Limited

Titan Company Limited (“Titan”), announced its results today for the quarter and year ended 31st March 2025. Titan (consolidated) recorded a total income growth of 22% in Q4FY25 compared to Q4FY24. EBIT grew by 23% YoY to ₹1,470 crores, while PBT growth was 23% YoY to ₹1,218 crores. For FY25, the Total Income of ₹57,819 crores grew 22% over FY24. The EBIT grew 5% to ₹5,488 crores and the PBT declined by 2% to ₹4,535 crores, mainly due to the impact of custom duty reduction on gold during the year.

The Board of Directors of Titan Company Limited (“Titan” or the “Company”), at its meeting held today, approved the succession plan for the Managing Director of the Company. C. K. Venkataraman (Venkat), the current Managing Director, will retire from the services of the Company on 31st December 2025 on attaining the age of superannuation as per the Tata Group’s retirement policy.  Venkat had joined Titan in the year 1990 and became the Managing Director on 1st October 2019