Latest news with #TitanCompanyLimited
Time of India
a day ago
- General
- Time of India
NGO rejuvenates Masaorambu stream near Coimbatore
COIMBATORE: As part of the efforts to restore the ecological and hydrological health of the Noyyal river system and ensure water security, Siruthuli, an NGO, has inaugurated the rejuvenated Masaorambu stream at Madhvarayapuram on the outskirts of Coimbatore. The Masaorambu is one of the 34 perennial feeder streams of the Noyyal river, carrying freshwater from the Western Ghats. Over the years, the stream's flow was impeded by dense vegetation and sedimentation. Vanitha Mohan, managing trustee of Siruthuli, said through a comprehensive restoration effort, 5.7 km of the stream was cleared, desilted and widened to restore its natural flow. Seven check dams were refurbished in Phase 1, creating 10 crore litres of additional water storage capacity. She said this would revive more than 300 acres of previously fallow land, generating an incremental income of Rs 12.5 lakh through renewed cultivation. 'More than 100 farmers in the region are expected to save more than Rs 75 lakh collectively, averaging Rs 75,000 per farmer, by reducing dependency on external water sources. Titan Company Limited is the CSR sponsor of this impactful initiative," she said. Phase 2 will include construction of three new check dams, further augmenting water security and storage. 'The restoration ensures steady freshwater flow and active groundwater recharge, directly benefiting 3,700 acres of farmland across nine villages. This will also provide reliable water access for wildlife," she added. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Fashion Network
a day ago
- Entertainment
- Fashion Network
Titan partners with Sobhita Dhulipala for new collection launch
Titan has partnered with Bollywood celebrity Sobhita Dhulipala to launch a new women's watch collection, marking what the brand describes as a shift from timekeeping to personal style expression with a range of timepieces designed be versatile and modern. 'At Titan, we are designing pieces of personal expression," said Titan Company Limited's chief marketing officer at its watches and wearables division Ranjani Krishnaswamy in a press release. "Sobhita embodies this ethos perfectly. she is the embodiment of a new era: bold in presence, thoughtful in intention, and beautifully unafraid to rewrite the rules.' Described by Titan as a celebration of women who shape their own narratives, the collection features classic and multifunctional styles. Options include rectangular and oval cases with crystal-studded bezels and mother-of-pearl dials, sleek multifunction watches with dual metal straps, and sculptural designs in silver, copper, and rose gold. 'I'm thrilled to partner with Titan because this collection honours that very spirit," said Dhulipala about the partnership. "I'm proud to represent a collection that empowers women to express themselves fully and fearlessly.' The new Titan Women collection is available across Titan World stores, multi-brand retailers, and online on its direct to customer e-commerce store. Prices begin at Rs 9,795.
Time of India
2 days ago
- Business
- Time of India
Titan's IRTH ramps up digital ambitions, targets nearly half of revenue from online sales
Titan Company Limited 's newly launched bags brand is eyeing to increase its online revenue from 10 per cent to 40 per cent by the end of this fiscal year, Manish Gupta , CEO – fragrance and accessories division, Titan Company Limited, told ETRetail. In the online space, the brand has an exclusive presence with Myntra for the next few quarters along with its own website. "For Fastrack, 60-70 per cent of the revenue comes from online channels. Similarly, we visualise IRTH 's online sales to be anywhere between 35-45 per cent by this fiscal year end," he said. In the offline space, it runs 7 company-owned and company-operated outlets along with a presence in 140 departmental stores - Shoppers Stop and Lifestyle - in 25 cities. The brand, which launched its first in October 2024, plans to foray into franchising by opening its first franchise outlet in the next four months. "During our first phase of expansion, i.e., by this fiscal year end, we plan to open 35 stores. In FY 27, we will be adding 35 more stores, and by the end of FY 28, we plan to take the total store count to 100," he explained. "The initial 10 stores of the brand will be company-owned and company-operated, and post that, 99 per cent of our stores will be run by franchise partners," he further added. The brand is eyeing to open its stores in 10 cities - Delhi, NCR, Mumbai, Pune, Ahmedabad, Bangalore, Chennai, Hyderabad, Kolkata, Lucknow, and Chandigarh. It plans to open stores at both malls and high streets. "Currently, all our stores are in the malls, and an average store in a mall spans across 500 and 700-800 will be the ideal size of the stores on high streets," he said. Further talking about the CAPEX, he added, "We invest Rs 7,000 - Rs 7,500 per The brand, which claims to enjoy a 7-8 per cent repeat rate at its stores, offers 120 SKUs of bags, 20 SKUs of wallets, and 60 SKUs in additional categories in the offline space. The brand, which has an ambitious target to clock Rs 1,000 crore revenue, is eyeing to close this fiscal at Rs 100 crore by selling 3 lakh bags. "As per our projections, we are 80 per cent on track and will be able to reach the break-even point and Rs 500 crore revenue mark by FY 28 easily," he said. However, highlighting the scope of growth in the segment, he said the opportunities in the category are immense. "Currently, luggage and accessories categories stand at Rs 18,000 crore - Rs 20,000 crore per year, and within this, the handbags category is as big as Rs 6,000 crore, and only worth Rs 2,500 crore is organised. So, we have an opportunity to tap the untapped potential of the market," he explained. "We are ready to invest massively in the future, as soon as these 10 markets where we expand our offline presence, start delivering extremely well," he further added.
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Business Standard
08-05-2025
- Business
- Business Standard
Titan Q4 net profit rises 13% to Rs 871 crore, income increases 18.8%
Titan Company Limited has declared a net profit ₹871 crore in the fourth quarter of fiscal year 2024-25, marking a 12.97 per cent increase from Q4 FY24 net profit of ₹771 crore. Titan, a jewellery-to-watch conglomerate, reported total income of ₹15,032 crore in Q4FY25, up from ₹12,653 crore in the final quarter of the last fiscal year. "While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan's businesses clocked yet another year of strong 22 per cent revenue growth resulting in the Company crossing the impressive milestone of ₹50,000+ crore of revenues for the full year. Our Analog Watch business continued its strong growth trajectory by product innovation led premiumization whilst moving in sync with the rising aspirations of the Indian consumer," said C K Venkataraman, managing director of Titan. CaratLane, the omni-channel jewellery brand, reported a robust quarterly performance with total income rising approximately 23 per cent year-on-year to ₹883 crore in Q4FY25. Revenue from the studded jewellery segment grew around 19 per cent year-on-year (YoY), while all other categories — including gold jewellery and coins — registered a stronger 44 per cent YoY growth in the quarter under review, reflecting shifting consumer preferences amid high gold prices. CaratLane witnessed a 5 per cent YoY increase in buyers during the Q4 FY25. This growth was accompanied by an 18 per cent rise in average bill value. On the profitability front, CaratLane posted earnings before interest and taxes (EBIT) of ₹70 crore, translating to a healthy operating margin of 7.9 per cent. The brand continued to expand its retail footprint aggressively, adding 17 new stores across India during the final quarter. With this, CaratLane's total store count now stands at 322 across 139 cities. "The EyeCare business has returned to the double-digit growth trajectory in Q3 and Q4 of FY25 and is poised for even better growth in FY26. Within Emerging businesses, Fragrances has performed well for FY25 signifying growing acceptance of the SKINN brand. Our International Business expansions are progressing well in North America and GCC regions. As we look forward to FY26, all businesses of Titan Company are focusing on market share expansion in their respective categories and catering to the changing needs of our consumers," Venkataraman added.
