Titan Industries today reported a net profit of Rs 5.02 crore for the quarter ended June 30, 2005 as against a net loss of Rs 5.78 crore in Q1FY05.According to a release issued by the company to the BSE today, total income increased to Rs 286.70 crore in Q1FY06 from Rs 200.84 crore in Q1FY05.