Titan Reports Robust Q4 Results, Jewellery Business Growth Boosts Overall Performance

Titan Company reported a strong Q4 performance with net profit rising 29.2% year-on-year to ₹1,124 crore, while revenue surged 77.6% to ₹23,934 crore, driven by robust growth in the jewellery business. EBITDA rose 19.3% to ₹1,715 crore, although margins narrowed to 7.2% from 10.7% last year. The company announced a dividend of ₹15 per share. Titan said its jewellery business continued to witness strong momentum, while the watches segment remained resilient. During the quarter, the jewellery division added 27 new stores, including 8 Tanishq stores, 14 Mia outlets and 5 CaratLane stores, expanding its retail footprint further. Watch exclusive conversation with Ashok Sonthalia, CFO of Titan Company, on the company’s strong Q4 performance, jewellery demand trends, margin outlook, store expansion plans and future growth strategy.