Titan, a Tata Group company, reported a 4.9% year-on-year decline in standalone net profit for Q3 of fiscal 2024-25, totaling ₹990 crore, down from ₹1,040 crore in the previous year.
The jewellery and watches major was expected to report a sharp jump in revenue and net profit off a low base previous year, helped by a wedding season demand.