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Company is likely to post a mixed set of numbers

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Sales rise 13.19% to Rs 93.36 crore

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The Reserve Bank Of India (RBI) has reported that currency in circulation eased by 0.10% on the week to stand at Rs 30.32 lakh crore as on January 28, 2022. The central bank stated further that the overall reserve money gained by 0.50% on the week to Rs 38.14 lakh crore. Currency in circulation moved up 8% on a year ago basis compared to 21.5% […]

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While design and execution are equally important, all these pushes should benefit the overall infra sectors such as steel, cement, pipes EPC and India in general.

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As per the company, the rating, however, continues to derive comfort from the company’s adequate liquidity position, as reflected by cash and equivalents of around Rs. 678 crore and undrawn limits of Rs. 63 crore as of December 2021.

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Titan Company reported a standalone net profit of Rs 987 crore in Q3 FY22 as against a net profit of Rs 419 crore Q3 FY21, recording a growth of 136% on YoY basis.

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