Titan’s Q3 margin lacks sheen; watch out for higher gold prices1 min read . Updated: 03 Feb 2023, 12:48 AM IST
In the mainstay jewellery business, which accounts for a large share of Titan’s revenue, average ticket sizes saw steady improvement y-o-y.
Titan Co. Ltd’s pre-quarter update for the three months ended December (Q3FY23) released in early January had indicated that sales growth across segments was decent. Thus, investor focus was on profitability when it announced Q3 financial results on Thursday.
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