Titan sees no sales slowdown after PM's gold-curb call, import duty hike
MD Ajoy Chawla says it's too early to gauge impact of policy signals; awaits clarity by June-end. Jewellery revenue grew 48% to Rs 79,660 cr, with consumers pivoting to 14/18-carat amid record prices. Targets 20-25% same-store growth.
Titan MD Ajoy Chawla says it's too early to gauge impact of PM's gold-reduction call and import duty hike; expects clarity by June-end. Jewellery grew 48% to Rs 79,660 cr; consumers shifting to 14/18-carat amid record prices.