Titan Industries reported three-fold rise in net profit for Q3FY10. The company posted 225% jump in net profit to Rs 78 crore in Q3FY10 against Rs 24 crore in same quarter previous year. The company has posted Rs 202 crore net profit between April-December 2009, and has surpassed its entire FY09 net profit of Rs 170 crore, in the first nine months of FY10.
The company has reported 30% rise in net sales to Rs 1,334 crore in Q3FY10 against Rs 1,024 crore in previous year quarter. The net sales of the company increased by 14% to Rs 3,363 crore (Rs 2,923 crore) in first nine months ended December, 2009.
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