Titan reported a 23% decline in its Q2 profit due to inventory losses and shrinking margins, attributed to the reduction in customs duty on gold imports. Despite this, the company saw strong growth in its jewellery and watches segments

Tata Group's esteemed jewellery and watchmaking enterprise, Titan, has unveiled a robust performance for the third quarter ending December 30, 2023

Indian jewellery and watchmaker Titan Co Ltd reported an almost 50% jump in fourth-quarter profit as demand for its watches and wearables rose alongside jewellery.

The move is part of a plan to more than double its jewellery business by FY27

For the June quarter, the Bengaluru-headquartered company recorded 20% year-on-year growth in revenue in the watches segment, driven by a large order from another group firm, TCS 

They mainly have four sub-categories of their offerings that comprise of fashion jewellery, silver jewellery, diamond jewellery and precious jewellery.

The jewellery includes rings, bracelets, earrings

The collection combines a contemporary and traditional essence

The HKTDC organizes more than 30 world-class international trade fairs in Hong Kong each year, four of which are the largest market places of their kind in the world

Collectors' items only