New Delhi
“The jewellery business witnessed a mid-teens growth (around 15 per cent) for the 30-day festive season starting from Dussehra till Diwali over the corresponding period last year, with a decent recovery in studded jewellery sales,” the company said in a business update. Titan said its watches and wearables business also did good business during the festive season with recovery close to last year levels.
“Eyewear business has also witnessed good traction,” company added. Titan had reported a 37.81 per cent decline in standalone net profit at Rs 199 crore, while its total income stood at Rs 4,389 crore for the quarter ended September 30, 2020.
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