Titan has lowered its jewellery business growth guidance to 11 percent to 13 percent for the second half from 20 percent it guided previously. Titan’s financial results missed estimates on most counts in the second quarter as the jewellery business loses its shine. Titan CEO S Subramaniam said last six months have been tough and … Read More →
This quarter, the jewellery business is set to clock growth in high teens but could remain below the management guidance. What is your expectation on the jewellery business? Company Summary NSE BSE Titan Company Ltd. 12.60 (1.11%) Titan typically comes out with a release about the quarterly performance. The revenue numbers are already more or … Read More →
ET Intelligence Group: Bucking the trend in the midst of a slowdown in Indian consumption, TitanNSE 2.50 %maintained a growth guidance of 20 per cent for the current fiscal. India’s largest jeweller said last fiscal was not so good, but things have started to change from the beginning of the current fiscal, said the company management in a call with … Read More →
In the first half of 2017/18, Titan’s jewellery sale surged 47% to Rs61 billion. Photo: Pradeep Gaur/Mint Mumbai: India’s biggest-listed jeweller Titan Co. expects jewellery sales to leap more than a quarter this fiscal year as tighter rules on cash flows and a new sales tax hurt the mom-and-pop firms that dominate the business, a senior … Read More →