Titan's Stellar Q1 FY26: Profit Soars 52.58%, Jewellery Shines
Titan, a leading jewellery and watchmaker, reported a 52.58% increase in net profit, reaching Rs 1,091 crore in Q1 FY26. Sales rose by 21.2% to Rs 14,814 crore. Despite high gold prices, the jewellery segment grew 24%. Watch and eyewear sectors also showed strong performance, while international business surged by 49%.

- Country:
- India
Titan, the renowned jewellery and watchmaker, announced an impressive 52.58% increase in its consolidated net profit for the first quarter of FY26, reaching Rs 1,091 crore. This rise, as stated in a regulatory filing, compares with a net profit of Rs 715 crore the previous year.
The company's sales saw a significant jump of 21.2%, totaling Rs 14,814 crore for the same quarter. Meanwhile, Titan's total income, including other revenue, soared by 24.2% to Rs 16,628 crore, alongside an increased expenditure of 22% up to Rs 15,148 crore.
The jewellery division particularly stood out, with a 24% growth to Rs 14,647 crore, showing resilience amidst elevated gold prices. The Watches & Wearables segment contributed to the growth with a 24.43% revenue surge, while international ventures experienced a 49% rise, reflecting robust growth momentum.
(With inputs from agencies.)