October 17, 2026 11:58 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'How dare Elon Musk?' Owaisi defends Modi after billionaire's 'real boss' jibe at Ambani | 'B****y S***': IAS officer's abuse of female colleague during virtual J&K meeting sparks row | Aamir Khan’s nephew Imran Khan asked to leave India by Oct 28 after joining anti-CEC protest | ‘Their crime? Demanding justice’: Rahul Gandhi slams 4 AM detention of Ankita Bhandari’s parents | ‘Bangladesh showed us the way’: Neha Bora’s remarks spark BJP attack on Rahul Gandhi | Chingrighata flyover skid scare: Bikes fall, anti-skid blocks installed overnight as Bengal Minister Agnimitra Paul faces criticism | Meerut blue drum murder case: Muskaan, her lover get death sentence | 'Rise up, young patriots!': American singer Mary Millben alleges CJP gets US funding, urges peaceful protests | 'Won't go unchallenged': Muhammad Yunus heckling in New York triggers legal action warning | flydubai cockpit attack probe widens: Two Maldivian pilots detained in UAE over links to Omani co-pilot

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

| | 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.
Related Images
In Images: Gautam Adani offers prayers at Kalighat Temple in Kolkata
In Images: Gautam Adani offers prayers at Kalighat Temple in Kolkata Sep 24, 2026, at 11:48 am
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm