Titan Company Ltd (Titan) is scheduled to report its March quarter earnings on Tuesday (May 3). A poll of industry and market watchers conducted by CNBC-TV18 expects the company's standalone revenue to decline by 2.8 percent to Rs 6,935 crore against Rs 7,135 crore in the same quarter last year.
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However, earnings before interest, taxes, depreciation and amortization (EBITDA) and margin are likely to increase by 17 percent and 13.4 percent respectively on a Year-on-Year (YoY) basis. Profit after tax might grow by 17 percent at Rs 618 crore.
According to the company's fourth-quarter update, the jewellery business saw a decline of four percent due to a high base and lockdowns.
A look at other verticals:
| Segment | YoY growth |
| Watches & Wearables | 12% |
| Eyecare | 5% |
| Other biz | 23% |
| TEAL | 77% |
| CaratLane | 51% |
Watch the video for more.
