Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced

Titan Company on Friday reported a consolidated net profit of Rs 1,179 crore in the March-ended quarter of FY26 versus Rs 871 crore in the year-ago period, implying a 35% growth. The company’s total income in Q4FY26 was up 46% to Rs 20,300 crore versus Rs 13,891 crore in the corresponding quarter of the previous financial year.

Along with the earnings, Titan’s Board also recommended a dividend of Rs 15 per equity share, which shall be paid within seven days from the conclusion of the 42nd Annual General Meeting, subject to the approval of the shareholders of the company.

The company’s Earnings Before Interest and Taxes (EBIT) stood at Rs 1,875 crore in the quarter under review, rising 28% over 1,470 crore in Q4FY25.

Segment performance

Jewellery

Building on its strong Q3 momentum, the jewellery business recorded another exceptional quarter of 50% growth over the year-ago period. New collections and continued strength of Titan’s exchange programs powered robust 35% growths in each of gold and studded product portfolios.

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.

The International Jewellery business (with the addition of Damas Jewellery), clocked double-digit retail growth across GCC and North America, despite multiple disruptions due to the ongoing geopolitical situation in the Middle East region.

The business achieved an EBIT of 1,820 crores at a margin of 10%. Within this, the India business clocked an EBIT of Rs 1,902 crores at 11.1% margin.Tanishq, Mia and Zaya business (combined) recording EBIT of 1,813 crores at 11.3% margin, while Caratlane (domestic) recording an EBIT of Rs 89 crores at 8.4% margin. The international jewellery business (including Damas) recorded a loss of Rs 82 crores for the quarter.

More to come….