Titan Revenue up 12% over Festive Period

By John Jeffay / January 10, 2023 / www.idexonline.com / Article Link

(IDEX Online) - Titan, India's largest branded jewelry maker, says overall sales were up 12 per cent year-on-year during the last quarter of 2022.Revenue was buoyed by positive consumer sentiment combined with Diwali in October and a busy wedding season.Sales of jewelry across its 2,362 stores were up 11 per cent, watches and wearables rose 14  per cent and eyecare revenue was up 10 per cent."A slew of exciting product launches in the fiscal year leading to the festive season contributed well to more than tripling sales from the wearables sub-segment in the quarter, compared to same period last year," Titan said. Titan is part of the Tata Group, India's biggest conglomerate with a $128bn revenue in 2022.

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok