08-02-2023 05:11 PM | Source: Reuters
India`s Tata-owned Titan reports drop in Q1 profit
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India's Tata Group-owned Titan Co reported a drop in first-quarter profit on Wednesday as its mainstay jewellery segment was hurt by record gold prices.
Titan, which owns the Tanishq jewellery brand, said its profit fell over 2% from a year earlier to 7.77 billion rupees ($94.1 million) in the three months ended June 30.
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