July 03, 2026 10:21 pm (IST)

Make this your homepage

All Finance

'Why can't citizens protest against the government? They are being made slaves by slapping cases': Bombay HC slams Mumbai Police, quashes activist's externment | 'First he cheats on me...': Siya Goyal's old pub video goes viral amid probe into fiancé Ketan Agarwal's alleged murder | Ronaldo's goal, Ramos' last-gasp winner send Portugal past Croatia, set up Spain clash | India-US trade deal almost done! Piyush Goyal hints at breakthrough | Ram Mandir donation scam: Champat Rai points finger at his own driver | PM Modi welcomes Japanese PM Sanae Takaichi as India-Japan ties enter a new era | 'Not an isolated incident': India slams Pakistan after 125-year-old historic Gurdwara is demolished | Ram Mandir donation theft: Six accused were employed by Varanasi-based security firm, probe reveals | Ayodhya Ram Temple donation theft: Probe says majority of money was allegedly stolen during Kumbh Mela | Commercial LPG price slashed by Rs 183.50 from July 1; check new rates in Delhi, Mumbai, Kolkata and Chennai

Titan Company's December quarter income up largely due to growth in jewellery business over a low base

India Blooms News Service | | Jan 29, 2016, at 02:56 am

Mumbai, Jan 28 (IBNS): The Titan Company reported a growth of 17.3% in income for the third quarter ending Dec 31, 2015 over the same period in 2014, owing to growth in retail sales during the festive season, according to the company's press release on Thursday.

The Titan Company, India's leading designer and manufacturer of watches, jewellery, precision engineering components and other accessories, reported a 17.3% increase in its third quarter (ending Dec 31, 2015) income--which amounted to Rs 3398.38 crore-- compared to the same quarter in 2014 on the back of growth in jewellery sales from a low base but its income for the nine-month period ending December 2015 fell by 6.2% to Rs 8739.75 crores compared to the same period in 2014.

Compared to the year-ago quarter, income from watches increased 8.2%, that from jewellery business was up 20.1%, and eyewear business up 2.4%. But the company;'s other businesses, which include precision engineering and accessories, declined 8.3%.

The company plans to generate demand through new products and network expansion with an eye on cost control.

The Titan Company retail chain consists of 1266 stores as of December 2015. The company added 122 stores in the April-December 2015 period.

#Titan Company # December quarter income # growth # jewellery

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.

India
International

Related Images

Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm

Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am

In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm