New Delhi

Titan Company Ltd reported a 11.6% increase in net profit at Rs 206.44 crore for the fourth quarter ended March 31, 2014.

Titan’s net sales stood at Rs 2,786.81 crore during Q4, 2013-14, an increase of 7.46 per cent.        Titan Industries Managing Director Bhaskar Bhat said: “The year 2013-14 was a challenging year given the economic environment that was subdued. The year also witnessed other adverse factors like the regulatory changes that impacted our jewellery business.”

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