Titan Industries has reported results for its first quarter ended June 30, 2011.
The company’s net profit for the quarter has surged by 76.38% at Rs 143.36 crore as compared to Rs 81.28 crore for the same quarter last year. Its total income increased by 62.08% to Rs 2043.62 crore for the quarter under review from Rs 1260.85 crore for the corresponding quarter of the previous year.
Today 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.
| Company Name | CMP |
|---|---|
| Titan Co | 4480.10 |
| Kalyan Jewell.India | 415.00 |
| Rajesh Exports | 117.03 |
| Senco Gold | 333.15 |
| Thangamayil Jeweller | 4125.65 |
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