Titan Company Limited (TITAN)
Credit Ratings update from ICRA Ltd.
Credit ratings update from ICRA Ltd.
- Long term fixed deposit programme rating [ICRA]AAA (Stable) reaffirmed for Rs. 3,000 crore (reduced from Rs. 6,200 crore)
- Long-term/short-term fund based/non-fund based working capital facilities rating [ICRA]AAA (Stable)/[ICRA]A1+ reaffirmed for Rs. 14,750 crore
- Long-term fund based term loans rating [ICRA]AAA (Stable) reaffirmed for Rs. 1,000 crore
Source: Original filing PDF
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🚨 TITAN — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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