Titan Industries, a manufacturer of watches, jewellery and sunglasses, said a marginal rise in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 4.19% to Rs 2,150.90 million from Rs 2,064.40 million in the same quarter last year.
Net sales for the quarter declined 11.20% to Rs 25,120.50 million, compared with Rs 28,288.80 million for the prior year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Mar - 15 | Mar - 14 | %Change |
Net Sales | 25,120.50 | 28,288.80 | (11.20) |
Net Profit | 2,150.90 | 2,064.40 | 4.19 |
Basic EPS | NA | NA | |
Shares of the company declined Rs 22.05, or 5.96%, to trade at Rs 348.00. The total volume of shares traded was 384,294 at the BSE (11.48 a.m., Friday).