India's Tata Group-owned Titan posts Q4 profit rise

Kitco Media
By Reuters
Published:
Updated:
Reuters
BENGALURU, May 3 (Reuters) - Tata Group-owned Titan Co Ltd reported an almost 50% jump in fourth-quarter profit on Wednesday as demand for watches and wearables rose alongside gold jewellery. Titan, which sells watches and eyewear and owns the Tanishq jewellery brand, said its profit rose to 7.34 billion rupees ($89.8 million) in the three months ended March 31, from 4.91 billion rupees a year earlier.


($1 = 81.7840 Indian rupees) (Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Dhanya Ann Thoppil)

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