Titan Company issues robust Q1 business update
The company recorded revenue growth of about 117% (excluding bullion sales) in Q1'22, with revenue contribution of approximately 50%, 10% and 40% coming from April, May and June months respectively. Titan Company said it entered the Q1 quarter with a good sales momentum. However, the sales were hit to a small extent until third week of April 2021, from the rapidly rising second wave of pandemic, primarily due to the temporary store closures in some important states. Thereafter, most stores were shut within a short span of time and could re-open gradually in June 2021 only, with several restri...
Source: business-standard.com