Titan CFO explains the rationale behind raising CaratLane stake – ET Retail
Ashok Sonthalia, CFO, Titan Ashok Sonthalia, CFO, Titan, says starting from negative profitability, CaratLane is now firmly profitable, growing by almost 50% plus CAGR for the last five years. Now a stage has come where it felt prudent to increase our stake. At this point of time, the help of the founder and Titan expertise…