Titan Q3 Result: Net Profit Jumps 61%, Jewellery Sales Sparkle 42% Despite Record Gold Rally

Titam Q3 Result: Consumer discretionary giant Titan Company Limited, on Tuesday, February 10, reported 60.8% year-on-year rise in its net consolidated profit (attributable to owners of the company) to Rs 1,684 crore during the second quarter of financial year 2025-26. Titan's jewellery portfolio also saw a sharp 42% jump during the quarter despite the record-breaking rally in gold prices.

Titan shares closed 0.24% higher at Rs 4267 per share on BSE with a market capitalisation of Rs 3,78,822.79 crore on Tuesday, February 10. The stock had touched an intraday high of Rs 4329.95 per share and an intraday low of Rs 4241 per share.

"We marked a stellar third quarter of 40% growth characterized by a strong performance across our key businesses . The festive period spurred broad-based consumer interest across our portfolios, underscoring resilience in premium and accessible segments alike," stated Ajoy Chawla, Managing Director of Titan.

Titan Q3 Profit, Revenue

Titan reported a 60.8% year-on-year jump in its net consolidated profit (attributable to owners of the company) to Rs 1,684 crore in Q3FY26 against Rs 1,047 crore during Q3FY25. The company's net revenue from operations increased to Rs 26416 crore against Rs 17740 crore during the same period a year ago.

Titan Q3 EPS, EBITDA Margins

The company's earnings per share increased to Rs 18.98 in Q3FY26 against Rs 11.80 in Q3FY25. Earnings Before Interest and Tax stood at Rs 2,657 crore during the quarter under review, against Rs 1,627 crore in Q3FY25.

Titan Q3 Jewellery Segment Performance

Titan's Jewellery portfolio grew by 42% to Rs 22,517 crores (excl. Bullion ond Digi-gold soles). As per the company's press release, robust jewellery business grew by blockbuster festive collections, impactful brand campaigns and powerful exchange initiatives, underscoring strong festive demand amid high gold prices. While Titan's jewellery segment managed to grow by 42% during the quarter, gold rate in India jumped significantly during the quarter.

Titan Q3 Watches Segment Growth

The company's watches segment alsos saw a strong growth during the quarter d to festive gifting and enduring consumer preference for analogue timepieces, the Watches portfolio grew 14% clocking Rs 1,295 crores.

Titan Q3 Performance in Eyecare Segment, Emerging Businesses

The company's eyecare business segment saw a healthy demand in core categories supported by single-digit volume growth and mid-single digit growth in average selling pressure (ASP). The business growth was led by lenses and sunglasses, both achieving double-digit growths for the quarter. The company's business segment linked to women's bags saw a double digit growth, whereas fragrance business surged by 24%.

Titan Acquisition Deals

The company has completed nearly 67% acquisition of Damas Jewellery after the quarter end. Damas' addition will help the company in catering to the evolving consumer preferences across new geographic and demographic markets, as per the press release.

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