Titan Industries Ltd recorded an income growth of 9.2 per cent in an extremely challenging Qiof 2012-13. While the sales income grewfrom Rs 2020.51 crores last year to Rs 2205.65 crores in Q1, the profit after tax (PAT) for the same period grew by 8.8 per cent to Rs 156.09 crores from Rs 143.51 crores last year.
The company’s profit before tax (PBT) stands at Rs 212.22 crores in Q1 as against Rs 196.76 crores during the same period last year, registering a growth of 7.9 percent.
All businesses of the company have recorded growth in first quarter. Jewellery income in Q1 was Rs 1775.53 crores, a growth of 7.8 per cent over last year’s income of Rs 1647.11 crores. Gold in rupee terms touched its peak at Rs 3067 per gram of 24 karat. during this quarter thus, affecting the growth of jewellery.