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Bridal Sales Bolster Titan Growth
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Sales at India’s Titan Company increased in the first fiscal quarter, but growth was weaker than the jeweler had expected due to challenging conditions in the domestic market.Revenue climbed 16% year on year to INR 52.08...
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Retail
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Aug 07, 2019
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Rapaport News
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Strong Holiday Figures Boost Titan Results
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Revenue and profit at Titan Company rose in the third fiscalquarter, driven by the introduction of new jewelry lines in time for the festivalseason. Consolidated sales — including subsidiaries — jumped 35% yearon year to INR 59.34 billion...
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Retail
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Feb 03, 2019
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Rapaport News
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Titan Revenue and Profit Increase
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Shares in Titan Company rose after the retailer reported growthin revenue and profit in the second fiscal quarter. Sales jumped 28% to INR 45.95 billion ($630.2 million) inthe three months ending September 30,...
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Retail
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Nov 13, 2018
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Rapaport News
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Titan Profit, Revenue Up in First Quarter
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Titan Company’s profit increased in the fiscal first quarter,boosted by growth in all of the Indian retailer’s main divisions. Profit jumped 38% year on year to $47.7 million (INR 3.28billion) in the three months ending June 30,...
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Retail
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Aug 06, 2018
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Rapaport News
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Titan Sees Rise in Jewelry Revenue
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Titan Company’s sales grew in fiscal 2018, driven by successful marketingactivity, as well as government regulations that favored the more organized jewelrysector, the retailer said. Revenue from all categories rose 21% to $2.41 billion (INR...
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Retail
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May 14, 2018
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Rapaport News
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Titan Sees Third-Quarter Growth
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Titan Company’s sales grew in the fiscal third quarter, buoyed bya healthy Diwali season and recent government regulations that favored thejewelry business.Revenue rose 7% year on year to $670.4 million (INR 42.96 billion),while profit...
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Retail
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Feb 06, 2018
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Rapaport News
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Titan Withstands Indian Demonetization
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Titan Company’s sales and profit increased in the fiscal fourth quarter that ended March 31, even with India’s jewelry market under pressurefollowing November’s demonetization program.Revenue jumped 44% to $543.4 million (INR 34.87...
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Retail
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May 15, 2017
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Rapaport News
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Diwali Jewelry Sales Rise on Lower Gold Prices
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Jewelrysales in India improved during the Diwali festival as lower gold prices helpedrelease months of pent-up demand.Retail activity increased year on year during the period which includesDhanteras on October 28, a gold-buying festival, and Diwali on October...
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Retail
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Nov 08, 2016
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Rapaport News
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Titan Boosted by Steady Diamond Jewelry Sales
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Titan Company’s profit grew 23.5 percent in the secondfiscal quarter as the Indian jewelry retailer benefited from buoyant sales ofstudded jewelry.Profit after tax increased to $27.1 million (INR 1.81billion) on a standalone basis in the three...
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Retail
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Nov 07, 2016
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Rapaport News
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Titan's 3Q Sales +23%, Profit +24%
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India's Titan Industries, which owns the Tanishq brand, reported that sales rose 23 percent year on year to $556 million (INR 29.83 billion) in the third fiscal quarter that ended on December 31, driven by growth...
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Retail
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Jan 30, 2013
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Dilipp S Nag
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Titan's 2Q Sales +10%, Profit +21%
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Titan Industries, which owns the Tanishq brand, reported that net sales rose 10 percent year on year to $416.8 million (INR 22.58 billion) in the second fiscal quarter that ended on September 30, with growth...
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Retail
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Oct 31, 2012
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Dilipp S Nag
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Titan Industries Sales, Profits +9% in 1Q
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Titan Industries, which owns the Tanishq brand, said that sales fell below expectations in its first fiscal quarter that ended on June 30, as India’s weak economic environment weighed on the retail industry....
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Retail
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Jul 31, 2012
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Dilipp S Nag
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Titan's 3Q Sales +25%, Profit +19%
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Titan Industries Ltd. reported that net sales rose 25 percent year on year to $493.3 million (INR 24.40 billion) during its third fiscal-quarter that ended on December 31, 2011. Net profits grew 19 percent to $33.1...
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Retail
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Jan 31, 2012
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Dilipp S Nag
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Titan's 2Q Sales +37%, Profit +16% to $30M
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Titan Industries Ltd. reported net sales rose 37 percent year on year to $420.6 million (INR 20.96 billion) during its second fiscal-quarter that ended on September 30, 2011. Net profit grew 16 percent to $29.7 million...
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Retail
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Oct 24, 2011
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Dilipp S Nag
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Titan Aims for Annual Sales of $3B
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Titan Industries Ltd., a lifestyle and jewelry company owned by Tata Group, expects to achieve annual turnover of $3 billion by fiscal year 2014-2015 as it looks to expand. ''Plans are for aggressive growth in our existing business. We are exploring...
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Retail
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Sep 20, 2011
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Dilipp S Nag
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