The company's jewellery business recorded a strong performance for the quarter, while its profit after tax came below estimates on account of one-offs during the quarter. Consolidated net profit for the fourth quarter of FY19 stood at ₹348.3 crore from ₹304 crore in the same quarter last year, while total revenue stood at ₹4,945 crore up from ₹4,125 crore on a year ago basis. For the full year, consolidated income stood at ₹19,779 crore, while consolidated net profit was ₹1,389 crore. Segmental performance at Titan was mixed with its jewellery business holding a strong double digit growth. The company's jewellery business, grew 22% to ₹4,105 crore during the quarter while profit for the business stood at ₹499 crore.

Source: Mint May 08, 2019 12:56 UTC