Tata Group firm Titan Industries Ltd today posted 72.17 per cent increase in net profit for the quarter ended March 31, 2012 at Rs 144.28 crore.
In the quarter ended March 31, 2011, the company's net profit was Rs 83.80 crore.
The company's net sales for the three months ended March 31, 2012 increased 28.34 per cent to Rs 2,281.42 crore, against Rs 1,777.57 crore, it said in a filing to the NSE.
Titan Industries net profit for 2011-12 increased 39.43 per cent to Rs 600.15 crore, from Rs 430.42 crore in the previous fiscal.
The company's net sales grew 35.53 per cent to Rs 8,838.38 crore in 2011-12, against Rs 6,520.89 crore. The company's board of directors today recommended a dividend Rs 1.75 per equity share.
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