Titan net zooms 61% to ₹ 1,684 cr

Leading jewellery and watchmaker Titan on Tuesday reported 60.84 per cent increase in consolidated net profit at ₹1,684 crore for December quarter FY26, led by the domestic jewellery business.

- PRESS TRUST OF INDIA

The company posted a net profit of ₹1,047 crore for the October-December period a year ago, according to a regulatory filing from Titan.

Sales were up 42 per cent to ₹24,915 crore in December quarter FY26.

Profit before Tax (before exceptional items) was ₹2,375 crore at 9.7 per cent margin, an increase of 70 percent.

“Normalising for the impact of customs duty reduction in gold in Q3FY25, the profit before tax grew 44 per cent compared to the same period last year,” an earnings statement said.