Titan Company Ltd. reported a more than twofold rise in consolidated net profit to Rs.2,393 crore for Q2 FY27, compared with Rs.1,120 crore in the corresponding quarter last year. Revenue from operations increased 23.5% to Rs.20,337 crore, while total consolidated income rose to Rs.21,430 crore.
The jewellery business remained a major contributor, with its portfolio income rising 24% to Rs.17,495 crore. The company’s Tanishq, Mia and Zaya businesses recorded growth in the domestic market, while CaratLane reported a 31% rise in income to Rs.1,408 crore. The watches business also delivered growth, with total income increasing 27% to Rs.1,881 crore.
Titan added new stores across its jewellery and watches businesses during the quarter and continued to expand its international presence. The quarterly performance reflects demand across its consumer brands, although the company will need to sustain growth across its different business segments in the coming quarters.
Source: Moneycontrol – Titan Q2 FY27 Results.
