April 17, 2026 03:15 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls | 'Black law': Stalin burns copy of 'delimitation' bill, slams Modi govt | TCS halts Nashik BPO operations amid sexual abuse, conversion allegations | ‘We are surprised’: SC stays Pawan Khera’s bail over remarks on Himanta Biswa Sarma’s wife | Historic shift: Bihar gets first BJP CM as Samrat Choudhary takes oath | 'ECI deviated from Bihar procedure': Supreme Court raises concerns over voter deletion in Bengal SIR | Noida workers’ protest turns violent: Stones pelted, vehicles damaged over wage hike demand | Oil prices jump above $103 a barrel as US moves to block Iran-linked shipping

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
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
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
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 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