Titan Q1 Profit Jumps 53% YoY

  Published 10 months ago

Titan posted ₹1,091 crore net profit in Q1FY26, up 53% YoY, led by strong jewellery and watches division performance.

  • Jewellery revenue rose 19% to ₹12,797 crore, with CaratLane growing 39% and international sales surging 49% YoY.
  • Watches division delivered ₹1,273 crore revenue, up 24%, with analog watches growing 28% on volume and pricing gains.
  • EBITDA rose 47% to ₹1,830 crore; operating margin improved by 170 bps to 11.08% despite elevated gold prices.

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