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Titan Q2FY21 Update: The Company said its return to normalcy has been processing well and said the customers are showing greater acceptance of the new normal. The footfalls in malls are recovering MoM. The Jewellery saw a recovery rate of 98% (excluding the sale of raw gold) in Q2 compared to the previous year. We expect the revenue to decline only by 3% led my the good recovery in jewellery segment. The margins are expected to contract my 300 bps owning to the adverse product mix due to the lower sales of studded jewellery. Q2FY21, Standalone, YoY Revenue èxpected at `4300 cr vs `4435 cr, down 3% PAT expected at `205 cr vs `320 cr, down 36% EBITDA expected at `369 cr vs `512 cr, down 28% Margins 8.6% vs 11.6 % Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com