Page 7 - Titan

Caratlane's growth rate increases after acquisition by Titan

Caratlane would be increasing its count of physical stores to around 75 by next financial year

Titan: Jewellery demand, margins to boost profit

The strong growth came despite the impact of regulatory changes on account of PMLA and the implementation of GST

Titan looks to expand digital footprint with Amazon

Titan is the fifth largest watchmaker globally

Titan taps Amazon to enter US market

Titan will become the latest Indian brand to ride on the back of the global e-retail major

GST and shift from unorganised sector helping Titan, says MD Bhaskar Bhat

In Q&A, he adds Titan has expanded brands in sarees, is reinventing watches to reach more customers

All that glitters is gold for Titan

Strong 54% growth in jewellery business lifts share price by 10% to all-time high

Titan hits fresh high on expectations of robust March quarter earnings

The stock hit a new high of Rs 487, rallied 49% since January 2017, against 12% rise in the Sensex.

Titan sees good business in fourth quarter of FY17

In a quarterly update shared on Tuesday, watch and jewellery major Titan says the demand scenario for its products had improved in the March quarter.Sales across its divisions have been good, pointing to a strong earnings period, it said, ahead of its quarterly results announcement. The Bengaluru-based entity's FY16 net sales were Rs 11,278 crore. It derives 75-80 per cent of revenue from branded jewellery and the rest largely from watches, eyewear and accessories. It is yet to disclose its March quarter earnings announcement date."Control on costs, along with strong growth in top line (revenue) and gross margins will enable the company to show a very good growth in bottom line (profit) for the quarter and consequently for the year," said S Subramaniam, chief financial officer. "The second half of the (financial) year exceeded expectations on all counts, despite a serious regulatory impact in the form of demonetisation. The year also saw significant landmarks for the company."For ...

Titan shines 8% on robust Q3 earnings; brokerages recommend 'buy'

On the volume front, nearly 5 lakh shares exchanged hands on the BSE

Titan soon coming up with affordable smartwatches

Affordable models will come under its other brands like Sonata and Fastrack

Titan to up its smartwatch game to revive business

The company, which was hit by weak consumer demand for watches, is planning a multi-pronged approach to push growth

Citing consumption fatigue, Titan hints at weak Q2

Titan derives 75-80% of its revenue from branded jewellery & the rest from watches, eyewear, others

Studded jewellery may come to Titan's aid in Q2

Diamond jewellery could offset weakness in gold, and drive gross margin expansion

Titan hopes smartwatches to boost watch business

In the last quarter, the overall revenue from the watch business for Titan grew by 14%

Titan talks up its French connection

By raising the pitch for its perfume label, Skinn, the company looks to expand its portfolio and reach within the urban demographic

Titan Q1 PAT down 16% at Rs 126 crore

The company had an exceptional item of Rs 96.88 crore on account of voluntary retirement scheme offered to its employees

Titan to acquire 62% shares in Carat Lane for Rs 357 cr

Carat Lane has revenues of Rs 141 cr during the financial year ended March 31, 2016

Titan founder Xerxes Desai passes away

Desai, 80, was ailing from acute gastro enteritis, a Tata Group spokesperson said

Titan pins its hopes on digital

With its Caratlane acquisition, the company looks to leverage the trust of its flagship brand Tanishq to break into the growing online jewellery market

Caratlane will make us leaders online: Bhaskar Bhat

Interview with Managing director, Titan Co