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While, its jewellery division, which contributes around 85 per cent of its revenue, reported 207 per cent growth and added 19 new stores during the quarter, taking the total count to 463.
Its network expansion and campaigns continued to progress well throughout Q1FY23, which was the non-disrupted first quarter in the last three years, said Titan in its quarterly updates, , titan, Q1FY23
Titan informed that it finished the quarter on a satisfactory note despite Q4 FY22 getting disrupted twice.
The company’s standalone revenue stood at Rs5,000.6cr, up 4.4% yoy but down 6.6% qoq.