TITAN COMPANY LIMITED - Quarterly Result Update Q4'25

Titan Q4FY25 Results: Profit Meets Estimates, Revenue Rises 19% The Tata-group company's consolidated revenue rose 19 per cent to Rs 14916 crore in the March quarter as against Rs 12494 crore in Q4FY24, boosted by strong sales in the jewellery and watches segments. Margins profit of the company expands to 10.30% during the quarter and 9.53% during the corresponding quarter last year. EBITDA stands at Rs. 1,653.00 crore in March 2025 up 22.44% from Rs. 1,350.00 crore in March 2024. Titan reported net profit of Rs 871 crore for the quarter ended March 31, 2025, an increase of 13% from Rs 771 crore in the year-ago period. The Board has recommended a Dividend of Rs.11 per equity share of Rs.1 each of the company, which shall be paid/ dispatched on or after the seventh day from the conclusion of the 41st Annual General Meeting, subject to the approval of the shareholders of the Company. Business Performance Jewellery (Tanishq, Mia & Zoya): Despite a steep increase in gold prices, the studded and gold coin segments saw buyer growths. Solitaires likewise witnessed a good rebound on the back of good buyer growth, albeit on the lower carat weights. The high gold prices, however, are continuing to weigh on consumer sentiment in the near term. Tanishq expanded its international network to the new markets of Sharjah in UAE and Atlanta & Santa Clara in USA. The Jewellery international footprint (including Singapore) now stands at 23 stores comprising of 21 Tanishq stores and 2 Mia stores. In the domestic market, of the 16 new store additions (net) during the quarter, 4 stores were added in Tanishq and 12 stores were added in Mia respectively. Watches & Wearables: The premium brands of Titan, Xylys, Raga and international brands (via Helios channel) continued to do well growing in double-digits during the quarter and clocking higher average price realizations than Q4FY24.