UpdatesCompany Update
Titan Intech reported net sales of ₹4.97 crore for the quarter, with a significant 42.6% surge in net profit to ₹0.64 crore and a 20.9% rise in EBITDA to ₹1.62 crore.
Titan Intech Ltd521005 · Filed with the exchange
The company has announced a board meeting where it approved increasing authorized share capital from ₹55 crore to ₹100 crore and a 1:10 stock split to enhance liquidity and broaden its shareholder base.
Additionally, 8 lakh equity shares were allotted upon warrant conversion.
Strategically, Titan Intech capitalized ₹4.5 crore in R&D for its "3D Display & AI-Integrated Educational Platforms," signaling future investments in immersive learning solutions.
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