Bhaskar Bhat, managing director, Titan told CNBC-TV18 that the company‘s profits in the jewellery division supported their overall performance. “The jewellery and precision engineering business have contributed but the performance in the watches segment has not been that satisfactory, he added.

Expect H2 to be better than H1: Titan

In an interview to CNBC-TV18, S Subramanian, chief financial officer, Titan says he expects the second half to be better than the first half.

Demand in current quarter to be better than Q1: Titan

S Subramanian, CFO, Titan, says that compared to the industry, Titan is doing better. Though we are not happy with 21% decline but it is better than the market which fell 38%. At all India level, there has been a decline in demand for last three quarters.

Titan eyes 20% sales growth in FY13, says MD

In an interview with CNBC-TV18, Bhaskar Bhat, MD of Titan said consumer sentiment has been weak and jewellery segment has been down because of fewer wedding dates and a weakening rupee. Moreover, walk-ins at stores were also poor.

Impact of weak monsoon to persist next year also: Experts

Rural demand is witnessing a bit of slippage after many years, partly because of monsoon related worries and partly because of the general economic slowdown in the country.

Jewellery biz unaffected by high gold price, says Titan MD

Price of gold in India has touched new highs of late and this has led to a talk of demand slowdown for the golden metal. Bhaskar Bhat, MD of Titan acknowledged the slowdown and said that jewelers across the country has witnessed sharp decline in volumes.

Titan eyes 25-30% growth in FY13

Eyeing a 25-30% top-line and bottom-line growth in FY13, Titan Industries is looking to take the jewellery business to the next level.

Higher customs duty to aggravate volume pressure: Titan

Higher customs duty on gold will increase pressure on volumes going forward, says chief financial officer of Titan S Subramanian.

Titan plans to open around 200-250 stores next year

In an interview to CNBC-TV18, Bhaskar Bhat, managing director of Titan says, the company plans to open around 200-250 stores next year. "We haven't frozen the plans yet. But it will be similar," he adds.

Gold import duty hike won't impact demand much: Titan Inds

Yesterday, the government changed the import duty on gold to two percent of value from the earlier flat Rs 300 per 10 grams. Bhaskar Bhat, managing director of Titan Industries says, this is not going to impact demand much.

FY12 topline growth to stay at 13%, FY13 may see 25%: Titan

There is a sense on the street that gold prices seem are on a decline mode. Investors looking to buy gold even for personal purposes would now ideally want to wait for gold prices to correct a bit. Talking about its impact, Bhaskar Bhat, Managing Director of Titan Industries said the ongoing wedding season is likely keep the demand intact.

Confident of achieving FY12 targets despite slowdown: Titan

In an interview to CNBC-TV18,Bhaskar Bhat, managing director of Titan spoke about the latest happenings in his company and the road ahead.

Time trouble? Titan says no 'extraordinary' growth on cards

After a hint of disappointment from the second quarter results, Bhaskar Bhat of Titan says essentially, it is the costs that are affecting the margins of the company. "There is an impact of the USD and there is an impact of the price of gold and hence, we have taken a 5-20% price increase," he explains.

Titan Ind confident of 30% growth despite gold upsurge

Bhaskar Bhat, managing director of Titan, in an interview to CNBC-TV18, speaks about the kind of impact high gold prices are creating on his business. However, he is confident of achieving 30% topline and bottomline growth despite seeing mounting gold prices hitting the company’s production volumes.

Sales to equal last year inspite of gold price: Titan Ind

Even though Titan Industries reported outstanding numbers for the first quarter for FY12, Bhaskar Bhat, managing director of the company believes that they will see a fall in sales for the current quarter.

Diamond volumes may take a cut in next quarter: Titan Ind

The middle-class sentiment has witnessed weak consumer sentiment this time, said managing director, Bhaskar Bhat. In an interview to CNBC-TV18, he said there was a sluggish demand in the watches segment.

Titan FY11 revenue up 40%, sees FY12 sales over Rs 8200cr

Jewellery and watch maker Titan Industries aims to clock sales of over Rs 8200 crore this financial year, up 26% over last year. In an exclusive interview with CNBC-TV18, the company’s managing director Bhaskar Bhat said he expects over 30% growth in jewellery segment and 22% watch segment.