India's Titan beats Q3 profit estimates on festive gold demand
ReutersFeb 4, 2025 11:55 AM
Feb 4 (Reuters) - Indian jeweller and watchmaker Titan TITN.NS topped third-quarter profit estimates on Tuesday, as customers splurged on ornaments during the festive season.
The company reported a profit of 10.47 billion rupees ($120.23 million) in the quarter ended Dec. 31, marginally lower from a year ago.
Analysts, on average, had expected a profit of 9.86 billion rupees, according to data compiled by LSEG.
($1 = 87.0800 Indian rupees)
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