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Titan Industries wins its race with time
January 27, 2007

Titan surpasses 12 months turnover of 2005-06 during first 9 months of 2006-07.

Titan Industries ended the third quarter October-December 2006 with a sales turnover of Rs. 542.21 crore, registering a significant growth of 42 per cent over the third quarter of last year. Profit after taxes during this period rose by 157 per cent to Rs 27.72 crore.

The first nine months of the financial year have witnessed substantial growth in sales turnover of the company by 46 per cent, which increased from Rs 1047.22 crore last year to Rs 1530.63 crore this year and this was higher than the annual turnover of the company last year of Rs 1481 crore. For the nine months period, profit after taxes was Rs 63.81 crore as against Rs 36.41 crore during the same period last year. The company's international business also grew by 34 per cent during this period.

All this has helped the company to maintain its clear leadership in the several segments and markets it operates in, and this augurs well for its confidence as it gears up to expand its operations and is on the threshold of launching into the prescription eyewear business

Titan Industries features in the big league of D&B’s top 500 companies
November 30, 2006

Dun and Bradstreet (D&B) is the worldwide industry leader in providing B2B credit, marketing, purchasing and decision-support services.

D&B’s recently published its premium publication "India's top 500 companies". This listing carries profiles of both listed and unlisted public sector enterprises, ranked on the basis of three criteria - total income, net profit and net worth.

Titan Industries features in this list with a rank of 198. The profiling is indicative of pre-eminent companies of corporate India that have emerged as leaders in their respective sectors. The listed companies account for over 75 per cent of BSE's market capitalization and the total income of all the 500 companies accounts for 50 per cent of India's GDP