 "Titan, Titan watch, titan jewellery, Titan q2")
Titan on Wednesday reported a 37.8 per cent fall in consolidated net profit at 199 crore for the quarter ended September as compared to Rs 320 crore a year ago.
Sales were in line with expectations reporting an 89 per cent rise backed by sharp recovery in jewellery division sales after being hit by Covid-19 lockdown disruptions.
The company’s consolidated revenue saw a muted drop of 2.6 per cent to Rs 4,318 crore, from Rs 4,435 crore a year ago.
The recovery rate of revenue improved in the quarter, with the rate being 98 per cent for the Jewellery division, 55 per cent
