Titan Profit Doubles on Gain and Strong Diamond Demand
Titan reported a quarterly profit that more than doubled to 23.93 billion rupees, beating estimates. The strong results were driven by a one-time gain and resilient demand for diamond-studded jewellery.
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Titan reported a quarterly profit of 23.93 billion rupees ($253.21 million) on Thursday afternoon, more than doubling from a year earlier and beating market forecasts.
