Titan Company reports 12% rise in Q4 net profit

Titan Company has reported results for fourth quarter and year ended March 31, 2014 The company has posted a rise of 11.60% in its net profit at Rs 206.44 crore for the quarter ended March 31, 2014 as compared to Rs 184.97 crore for the same quarter in the previous year. Total income of the company increased by 7.04% at Rs 2828.88 crore for quarter under review as compared to Rs 2642.75 crore for the quarter ended March 31, 2013. For the year ended March 31, 2014, the company has posted a jump of 2.20% in its net profit at Rs 741.14 crore as compared to Rs 725.18 crore for the same period in the previous year. Total income of company improved by 8.05% at Rs 11035.98 crore for year under review as compared to Rs 10213.44 crore for the period ended March 31, 2013. For the year ended March 31, 2014, on the consolidated basis, the company has posted a rise of 1.31% in its net profit at Rs 734.94 crore as compared to Rs 725.38 crore for the same period in the previous year. Total income of company has increased by 8.05% at Rs 11047.61 crore for year under review as compared to Rs 10224.18 crore for the period ended March 31, 2013.