Titan Industries, the Tata Group owned retailer of watches and jewellery, backed by strong growth in jewellery sales has posted an 83 per cent jump in net profit to Rs 137 crore for the third quarter of FY11 as compared to the corresponding previous period.
The total income has moved up by 47 per cent to Rs 1970 crore.
At 3:10, the shares of Titan Industries were trading down 2.18 per cent at Rs 3,462 on the Bombay Stock Exchange.