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Titan net profit for the Q2 increases 67% YoY

Equitypandit_Titan

Titan reported 67.45% YoY increase in its net profit at Rs.277.93 crore for the quarter July to September, 2017.

Last year, in the same quarter it had reported net profit of Rs.165.98 crore. Revenue from operations increased by 29.6% YoY to Rs.3,473 crore in the Q2.

Company’s watch business saw a growth of 9% in the Q2 to Rs.571.75 crore, while its jewellery business has seen a growth of 37% at Rs.2,748.20 crore on YoY basis.

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