Q1 2025 Titan Company Ltd Earnings Call Transcript

Aug 02, 2024 / 12:30PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Titan Company Limited Q1 FY25 earnings conference call.

(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. CK Venkataraman, Managing Director, Titan Company Limited. Thank you, and over to you, sir.

Coimbatore Venkataraman - Titan Company Ltd - Managing Director, Executive Director - Nominee of Tata Group

Thank you very much. Hello, everyone, on the call. So quarter one of FY25 was characterized by multiple external factors, the rising gold price on the one hand, a relatively lower number of bidding dates in the country across India, super-heated summer, especially starting late April, all the way into June and multiple excitements caused by the elections leading up to the results on the Fourth of June and thereafter.

And on account of all this, there was an overall consumption challenge that you must have read across the board and our different businesses performed differently in this context. And we shared this through the filing

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