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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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Titan Company net profit at ₹1,179 crore in Q4, up 35%
2026-05-08 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.
Image used for representational purposes only. File

Image used for representational purposes only. File | Photo Credit: Reuters

Titan Company, the fashion accessories, jewellery, watches and eyewear businesses of Tata Group, has on Friday (May 8, 2026) posted a Q4 net profit of ₹1,179 crore, a 35% rise over ₹871 crore in the corresponding period a year ago.

Ajoy Chawla, Managing Director, Titan Company

Ajoy Chawla, Managing Director, Titan Company | Photo Credit: Special Arrangement

Company’s consolidated revenue stood at ₹20,300 crore, up 46% from ₹13,891 crore, one of the strongest quarterly performances in its history, it claimed. Titan’s total income for FY26 stood at ₹76,078 crore, a 33% year on year growth over ₹57,338 crore in the same period a year ago.

Ajoy Chawla, Managing Director, Titan Company, said, FY26 has been a landmark year for Titan; it took 40 years for the company to cross the $50,000 crore annual revenue milestone, in FY25, while the next almost ₹25,000 crore has been remarkably achieved in a single year of FY26.

Titan’s Jewellery portfolio grew 50% to ₹18,195 crore (excluding bullion and digi-gold sales), reflecting sustained consumer confidence despite an elevated gold price environment, the firm said.

According to the company, consumer confidence in gold as both an adornment and a store of value remained intact (despite record high prices and volatility in the quarter), translating into healthy buyer engagement.

It’s an international jewellery business, clocked double-digit retail growth across GCC and North America, despite multiple disruptions due to the ongoing geopolitical situation in the West Asia region, the company reported.

“The quarter performance was led by Festival of Diamonds with our brands of Tanishq, Mia, Zaya, CaratLane, Beyon and Damas striking the right chord with consumers across geographies and age groups,’’ he commented.

Titan saw its analog watches business grew 15% in Q4 on the back of continuing premiumisation trends. During this period, Titan completed its 67% acquisition of Damas Jewellery, one of GCC region’s jewellery brands, marking a significant move towards global expansion.

Watches business, through its innovative collections, continued to write a compelling story of premiumisation and design excellence, said Mr. Chawla.

However, on the market outlook, he said, “As we step into FY27 with optimism on the back of an exceptional FY26 performance, we are conscious of the macro volatility and fragile geopolitical situations that necessitate all-around agility to respond effectively to grow our businesses.’’

Published - May 08, 2026 07:46 pm IST