Titan Company has reported results for third quarter ended December 31, 2013.
The company has reported 18.80% fall in its net profit at Rs 165.57 crore for the quarter, as compared to Rs 203.92 crore for the same quarter in the previous year. Total income of the company has decreased by 11.12% at Rs 2701.84 crore for quarter under review as compared to Rs 3040 crore for the quarter ended December 31, 2012.
Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.
The company has reported 18.80% fall in its net profit at Rs 165.57 crore for the quarter, as compared to Rs 203.92 crore for the same quarter in the previous year. Total income of the company has decreased by 11.12% at Rs 2701.84 crore for quarter under review as compared to Rs 3040 crore for the quarter ended December 31, 2012.
Titan is India’s largest manufacturer of quartz watches and has a 60% market share in the Indian market. It is world’s sixth largest manufacturer of branded watches. It has a manufacturing and assembly unit at Hosur in Tamil Nadu.
No comments:
Post a Comment