Net profit of Titanor Components declined 52.85% to Rs 0.91 crore in the quarter ended December 2006 as against Rs 1.93 during the quarter ended December 2005. Net sales declined 43.45% to Rs 5.74 crore in the quarter ended December 2006 as against Rs 10.15 crore during the quarter ended December 2005.

For the full year, net profit was down 34.24% to Rs 5.05 crore for the year ended December 2006 as against Rs 7.68 during the year ended December 2005. Net sales declined 17.63% to Rs 24.25 crore for the year ended December 2006 as against Rs 29.44 crore during the year ended December 2005.