SME Times News Bureau | 29 Jan, 2016
Leading watch and jewellery maker Titan Ltd on Thursday reported a net
profit of Rs.225 crore for third quarter of 2015-16, registering 18
percent growth over Rs.191 crore in the same period last fiscal.
Net
sales for the quarter under review (Q3) grew 17.3 percent to Rs.3,398
crore from Rs.2,898 crore in like period year ago due to pick up in
retail sales and festive season.
Income from watches grew 8.2 percent to Rs.479 crore while jewellery sales went up 20 percent to Rs.2,819 crore.
