Growth

Sales income grew Rs. 10206.36 crores, an increase of 13.8%

Profit before tax grew by Rs. 1006.27 crores,an increase of 20%
Net profit grew by 20.8 % to Rs. 745.18 crores.
The watch segment grew by 9.6% to Rs 1675.87 Crores
Jewellery Division sales grew by 14.8% to 8107.99 crores.
Eyewear, Accessories and Precision Engineering revenues grew by 25.9% to
414.03 crores.
Risk
Customer sentiments were affected by the inflation and uncertain economic
conditions leading to lesser sales than aticipated
Jewellery demand was low due to movements in gold rate
Jewellery division effected by RBI measure that raised customs duty on gold
and restricted credit period on gold imports
RBI's June decision will force the company to look for other means of funding
which would be more expensive
Numbers of weddings were lower compared to previous year causing lower
sales
Retail slowdown cotinues in South East Asia, SAARC and Middle East due to
economic uncertainty
Industries
Profitability
Products