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Titan Company Ltd reports strong Q3 growth, fueled by jewelry and festive season demand.
Titan Company Ltd, a Tata Group firm, saw a 24% year-on-year growth in its third quarter, driven by strong festive demand, especially in jewellery.
Domestic jewellery sales rose by 25%, with gold coin sales up 48%.
The company also saw growth in watches and wearables (13%) and eye care (17%).
Internationally, Tanishq expanded with new stores in the US and Dubai.
Caratlane, a subsidiary, grew by 25%.
The company's shares rose 2.3% following the report.
4 months ago
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