The company's standalone revenue grew 9 per cent YoY at Rs 6,206 crore during the reporting quarter, against Rs 5,672 crore in the corresponding quarter of previous fiscal. On quarter-on-quarter basis, revenue saw a healthy 40 per cent increase from Rs 4,435 crore in September quarter.
"The retail growth for jewellery business was healthy in Q3 on account of a good wedding season. Many new products are lined up for launch in the last quarter and we will continue to invest in our brands and delight our customers with fascinating products coupled with memorable advertising," said CK Venkataraman, Managing Director of the company.
At 03:00 pm, Titan Company, the top gainer among S&P BSE Sensex, was up 8 per cent at Rs 1,278 on the BSE. In comparison, the S&P BSE Sensex was up 2.3 per cent at 40,804 points. The trading volumes on the counter jumped nearly four-fold with a combined 7.05 million shares changing hands on the NSE and BSE so far.
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