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Titan’s sub-brand Fastrack to add new product to its portfolio

21 Feb 2012 Evaluate

Country's largest watch maker, Titan Industries' sub-brand Fastrack, which started as a pure watches brand is likely to add new product categories such as motorcycle helmets, footwear and apparel to its portfolio. It has planned to design and launch bicycles with youth fashion in the coming years.

The company has posted a jump of 19.15% in its net profit of Rs 163.91 crore for the quarter ended December 31, 2011 as compared to Rs 137.57 crore for the same quarter in the previous year. Total income has increased by 25.11% from Rs 1970.07 crore for Q3FY11 to Rs 2464.84 crore in the quarter under review.

Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.

Titan Co Share Price

4187.05 162.15 (4.03%)
12-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4187.05
Kalyan Jewell.India 344.65
Rajesh Exports 77.05
Senco Gold 338.30
Thangamayil Jeweller 5474.40
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