The company recorded revenue growth of about 117% (excluding bullion sales) in Q1 22, with revenue contribution of approximately 50%, 10% and 40% coming from April, May and June months respectively.
Titan Company said it entered the Q1 quarter with a good sales momentum. However, the sales were hit to a small extent until third week of April 2021, from the rapidly rising second wave of pandemic, primarily due to the temporary store closures in some important states. Thereafter, most stores were shut within a short span of time and could re-open gradually in June 2021 only, with several restrictions on operating hours and days of the week. Sale from stores that stayed open in May 2021 was muted. The company s focus was back on keeping everyone safe and few stores were proactively closed in the highly impacted towns.
Sharing such news today (25
th May), Emerson said the tanks are large, complex structures with a typical capacity of up to 200,000 cubic meters, which place specific demands on tank gauging systems.
By providing both inventory management and roll-over prediction in a single software solution, the TankMaster software reduces costs, increases ease-of-use and reduces the risk of a potential accident.
Further to that, Emerson’s TankMaster software uses data from level, temperature and density measurement devices incorporated into the Rosemount Tank Gauging System, to detect layering and calculate when a roll-over might occur, enabling operators to take preventative action.
Commenting on the enhancement, AnnCharlott Enberg, Global Functional Safety Manager at Emerson’s Automation Solutions Business, said, “Many industrial accidents are traceable to human factors, so vendors are increasingly required to provide software and instrumentation that reduce the risk of human error by b