Chief Financial Officer ASHOK SONTHALIA tells Aneeka Chatterjee in a video interview that the company is aiming for margin optimisation through cost control and growth through international expansion and product diversification. Edited excerpts:
Which business segments will drive growth in the coming quarters?
The size of each business is different. Jewellery is the largest industry with ₹5 lakh crore vis-a-vis watches or eye care, which would be around 10,000 or 20,000 crore. Jewellery will continue to be the primary driver of the financial performance and its share will not come down easily. The absolute growth rate of businesses like eye care, watches, Taneira (the apparel brand under Titan), and international businesses can be higher in terms of percentage growth rate.
Do you see a change in consumer behaviour for the premium segment?
Diese Geschichte stammt aus der February 14, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der February 14, 2024-Ausgabe von Business Standard.
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