Titan Company Q2 Profit Rises 54% to Rs 1,722 Crore

TITAN Titan Company reported a 54% year-on-year rise in net profit to Rs 1,722 crore for the September quarter (Q2 FY27) on Thursday, 5 November, after market hours. Total income was Rs 20,533 crore, and revenue growth was 25%. Brokerage estimates for profit after tax ranged from Rs 1,274 crore to Rs 1,419 crore, so the reported figure is above that range. For the first half of FY27, total income rose 32% to Rs 41,286 crore and profit after tax rose 58% to Rs 3,499 crore. The board approved raising up to Rs 2,500 crore through non-convertible debentures. Vice Chairman Noel N. Tata will retire effective 12 November 2026. Titan shares closed 4.2% higher at Rs 4,754 on Wednesday, 4 November, ahead of the results. Earlier in October, the company had reported 25% growth across its consumer businesses, with jewellery up 21%, watches up 30% and eyecare up 28%. The results came after market hours, so investors will watch how the stock reacts in the next session and whether margins hold with gold prices at record levels. Disclaimer: The views expressed purely for educational and informational purposes and do not constitute financial advice or a recommendation to buy, sell, or hold any security