Full Year 2019 Titan Company Ltd Earnings Call Transcript
Good day, ladies and gentlemen, and a very warm welcome to the Titan Company Limited Q4 FY '19 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded. I'm now glad to hand the conference over to Mr. Bhaskar Bhat, Managing Director of Titan Company Limited. Thank you, and over to you, sir.
Thank you, all of you, and welcome to the conference call. This is Bhaskar Bhat. We have just uploaded the presentation. As you can see, we have closed the year quite significantly well with the -- the quarter 4 revenues grew 19% and EBT, of course, before exceptional items by 7%.
There are a couple of things that we want to share with you. And just EBT was impacted by an additional provision for investments in IL&FS, the temporary inventory valuation asset in jewelry of the order of magnitude of INR 37 crores and asset ratio for employing on account of exceptional performance of INR 34 crores.
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