Titan Q2 Results: Net Profit Falls On Pre-Closure Of Hedging Contracts, Jewellery Business Grows
An employee hands a 50-gram gold bar to a customer inside a Titan Co. Tanishq jewelry store in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Titan Q2 Results: Net Profit Falls On Pre-Closure Of Hedging Contracts, Jewellery Business Grows

Bookmark
Titan Co.’s net profit fell because of pre-closure of hedging contracts even as sales rose for its mainstay jewellery business.Net profit declined 38% year-on-year to Rs 199 crore in the quarter en...