Titan Co Ltd (GREY:TQTQY)

$ 0 0 (0%) Market Cap: - Enterprise Value: 14.08 Bil PE Ratio: 89.64 PB Ratio: 33.34 GF Score: 93/100

Q2 2024 Titan Company Ltd Earnings Call Transcript

Nov 03, 2023 / 10:00AM GMT

Transcript

Operator

Ladies and gentlemen, good day, and welcome to Titan Company Limited Q2 FY '24 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. C K Venkataraman, Managing Director, Titan Company Limited. Thank you, and over to you, Mr. Venkataraman.

Coimbatore Krishnamurthy Venkataraman

Titan Company Limited - MD & Director

Thank you very much, and thank you, and welcome to everybody on the call. It was a very satisfying quarter 2 FY '24 for Titan Company and its subsidiaries. The actual results are up there for you to see, and I would just like to talk about one important development during the quarter and that was the decision of Titan Company to acquire the stake of our joint venture partner Mithun Sacheti in the CaratLane Private Limited Company. And that was decided in the -- around the 20 of August and the work subsequent to that is under process.

When we partnered with Mithun in 2016. We had a certain common vision, common dream, and strategy. And I'm very

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