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Titan's Q2 net zooms over 270% to Rs 641 crore on demand recovery

With jewellery division doing exceeding well, and other divisions swiftly bouncing back to pre-pandemic levels, total income for the quarter was Rs 7,220 crore, including bullion sale of Rs. 192 crore

Titan
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Titan

Deepsekhar Choudhury Bengaluru
Jewellery firm Titan’s net profit jumped 270.5 per cent to Rs 641 crore in the quarter ended September 2021 compared to Rs 173 crore during the same period last year at a consolidated level, riding on recovery in demand across its consumer businesses. Sales rose 77.83 per cent to Rs 7,243 crore in the second quarter of FY22 as against Rs 4,127 crore in Q2FY22.

With jewellery division doing exceeding well, and other divisions swiftly bouncing back to pre-pandemic levels, total income for the quarter was Rs 7,220 crore, including bullion sale of Rs 192 crore, a growth of 64