Company of the Year: Titan Company wins gold for outstanding performance

Even as India Inc struggled with the two Covid waves in 2021-22, the jewellery-to-watches maker posted strong growth and continued adding stores

The fiscal year 2021-22 was impacted as much as the first year of the pandemic, as the country dealt with two Covid-19 waves that also saw lockdowns across states. But trouble for the retail industry in particular didn’t end there; the third wave, which didn’t last as long but still managed to eat into almost a month of the fourth quarter of the fiscal, coupled with geopolitical conflicts that began in February 2022, caused gold and commodity prices to soar, impacting consumer sentiment.

While all this was reason enough for retail companies to see muted a financial performance, it did