ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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TITAN WATCHES-Rapid Indigenisation

first full year of operations on June 30, 1988, sold 3.44 lakh watches. The company emerged as the leading Indian producer of quart/ analog watches. It made a gross profit of Rs 1.18 crore on a turnover of Rs 16.80 crore. After necessary provisions, there was a net profit of Rs 26 lakh. In the previous year, the company had shown a net loss of Rs 5 lakh on a turnover of Rs 2.43 crore.

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