Titan Q4 net profit up seven per cent

Titan has reported a 7.4 per cent increase in net profit for Q4 ended March 31. Total income grew 43.89 per cent during the quarter under review. Despite the backdrop of a changing environment and regulatory moves like demonetization, the year 2016-17 was a satisfying one for the company. The company demonstrated the strength of its brands, the reach of its retail and distribution network and the effectiveness of new product introductions and marketing campaigns.