Titan Company Ltd.

BSE: 500114 | NSE: TITAN
Large Cap | Diamond & Jewellery
4233.95
-279.45 (-6.19%)
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Titan Company sees muted revenue growth in jewellery segment in Q1 FY20

Date: 09-07-2019

Titan Company has witnessed muted revenue growth of around 13% in Q1 FY20 as sharp increase in gold prices dented consumer demand significantly in the month of June.

However, wedding jewellery & studded group witnessed decent growth in the quarter. Sales on the auspicious occasion of ‘Akshaya Tritiya’ were robust.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.