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Titan (Standalone) recorded a revenue growth of 25% in Q4FY23 compared to Q4FY22. The corresponding PBT before exceptional items came in at INR 979 crores, higher by 37%, compared to Q4FY22. The Like-to-like PBT growth for this quarter was 28% (after adjusting for ex-gratia provision in Q4FY22).

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Driven by Young India which views precious metal jewellery as crucial to their style and self-identity, increasing levels of awareness propelled by digitisation and a dynamically evolving retail landscape – the desire and demand for platinum jewellery has been on the rise. And this phenomenon has now expanded beyond the metros to Tier-II & Tier-III cities as well!

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Platinum Guild India (PGI) has announced the sixth edition of its flagship retail initiative – ‘Platinum Season of Love’.  A retail trade activation initiative, the month-long programme will kick off from May 1st – June 1st, 2023. Last year the ‘Platinum Season of Love’ saw over 1400+ stores from across 300+ cities reporting a 102% growth in platinum jewellery sales in the country.

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