Titan Q1 net profit surges 65% to ₹1,699 crore on strong jewellery demand

mpany reported a robust performance for the June quarter (Q1FY27), with consolidated net profit rising 65% year-on-year to ₹1,699 crore, beating market estimates. Revenue from operations grew 24.3% to ₹18,101 crore. The jewellery portfolio was the standout performer, expanding 43% to ₹18,253 crore (excluding bullion and digi-gold sales). Growth was fuelled by healthy festive season and Akshaya Tritiya demand, alongside the strength of Titan’s exchange programmes, in a relatively stable gold price environment. EBITDA climbed 57.1% to ₹2,564 crore, with margins expanding to 14.2% from 11.2% a year earlier. Profit before tax stood at ₹2,429 crore. The results highlight resilient consumer confidence and continued strength across Titan’s premium brands.