Titan Industries reports 15.98% increase in Q2 net profit

25 Oct 2011 Evaluate

Titan Industries has reported results for the quarter ended September 30, 2011.

The company has posted a 15.98% increase in net profit for the second quarter ended September 30, 2011, at Rs 148.20 crore compared to Rs 127.77 crore for the same quarter last fiscal. The firm's net sales for the quarter under review increased 36.48% to Rs 2,096.34 crore against Rs 1,535.97 crore in the same quarter last fiscal.

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

3794.20 33.00 (0.88%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Titan Co 3794.20
Kalyan Jewell.India 428.00
Rajesh Exports 263.10
Sagar Diamonds 29.06
Senco Gold 774.00
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.