Titan Company Ltd.

Titan Industries has reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a rise of 28.20% in its net profit at Rs 184.97 crore in Q4FY13 as compared to net profit of Rs 144.28 crore in the same quarter previous year. The total income of the company rose by 14.55% to Rs 2642.75 crore as compared to Rs 2306.96 crore in corresponding quarter last year.

For the full year, the company has reported a net profit of Rs 725.18 crore for the year ended March 31, 2013, a jump of 20.83% as compared to Rs 600.15 crore for the year ended March 31, 2012. Total income has increased to Rs 10213.44 crore in FY13 from Rs 8932.49 crore in FY12, up by 14.34%.

On consolidated basis, the group has registered 20.62% rise in net profit  at Rs 725.38 crore in FY13 as against Rs 601.36  crore in previous year. The total income of the company has increased to Rs 10224.18 crore as compared to Rs 8942.90 crore in FY12, up by 14.33%.