The jewellery business had an extremely good studded jewellery activation and the watches business launched its second smart watch Juxt Pro. All our retail channels grew. The festive season has commenced very well. "During the second quarter, Titan's revenues from watches during the quarter were down by 5.20 per cent at Rs 523.69 crore as against the revenues generated a year ago.The company saw a marginal rise 0.24 per cent in revenues from its jewellery business at Rs 1,987.51 crore during the quarter.Revenues from eyewear segment grew by 6.55 per cent to Rs 95.19 crore in the second quarter of the current fiscal. Shares of Titan Industries were trading down 2,36 per cent at Rs 367.75 apiece on BSE.

Source: Economic Times November 04, 2016 09:35 UTC