<p>Tata group firm Titan Company Ltd on Thursday said the company saw good traction across all its businesses in the festive season and its jewellery business witnessed a "mid-teens" growth from Dussehra till Diwali.</p>.<p>"The jewellery business witnessed a mid-teens growth (around 15 per cent) for the 30 day festive season starting from Dussehra till Diwali over the corresponding period last year, with a decent recovery in studded jewellery sales," the company said in a business update.</p>.<p>Titan said its watches and wearables business also did good business during the festive season with recovery close to last year levels.</p>.<p>"Eyewear business has also witnessed good traction," the company added.</p>.<p>Titan had reported a 37.81 per cent decline in standalone net profit at Rs 199 crore, while its total income stood at Rs 4,389 crore for the quarter ended September 30, 2020.</p>.<p>During the second quarter of this fiscal, Titan's jewellery division recorded an income of Rs 3,446 crore as compared to Rs 3,528 crore last year, a decline of 2 per cent. Titan's watches and wearables business reported an income of Rs 400 crore against Rs 719 crore in the previous year, a decline of 44 per cent.</p>.<p>The eyewear business revenues declined by 39 per cent in the quarter, to Rs 94 crore as against Rs 154 crore last year.</p>.<p>Shares of Titan Company Ltd were trading 3.75 per cent higher at Rs 1,327.60 on the BSE. </p>
<p>Tata group firm Titan Company Ltd on Thursday said the company saw good traction across all its businesses in the festive season and its jewellery business witnessed a "mid-teens" growth from Dussehra till Diwali.</p>.<p>"The jewellery business witnessed a mid-teens growth (around 15 per cent) for the 30 day festive season starting from Dussehra till Diwali over the corresponding period last year, with a decent recovery in studded jewellery sales," the company said in a business update.</p>.<p>Titan said its watches and wearables business also did good business during the festive season with recovery close to last year levels.</p>.<p>"Eyewear business has also witnessed good traction," the company added.</p>.<p>Titan had reported a 37.81 per cent decline in standalone net profit at Rs 199 crore, while its total income stood at Rs 4,389 crore for the quarter ended September 30, 2020.</p>.<p>During the second quarter of this fiscal, Titan's jewellery division recorded an income of Rs 3,446 crore as compared to Rs 3,528 crore last year, a decline of 2 per cent. Titan's watches and wearables business reported an income of Rs 400 crore against Rs 719 crore in the previous year, a decline of 44 per cent.</p>.<p>The eyewear business revenues declined by 39 per cent in the quarter, to Rs 94 crore as against Rs 154 crore last year.</p>.<p>Shares of Titan Company Ltd were trading 3.75 per cent higher at Rs 1,327.60 on the BSE. </p>