Titan Q1 net jumps 63%, beats estimates
08-Aug-2026
Titan Company on Friday reported a 63% year-on-year jump in consolidated net profit to Rs 1,777 crore for the June quarter (Q1FY27), beating Bloomberg consensus estimates of Rs 1,396 crore for the period, as strong operating performance drove earnings higher.
Consolidated revenue rose 29% year-on-year to Rs 21,356 crore, slightly below the estimated Rs 21,451 crore. The growth came amid volatile gold prices during the quarter. Titan derives over 88% of its revenue from its jewellery business. The rest comes from segments such as watches, eye wear, fragrances, bags and sarees.
News Source:- https://www.financialexpress.com/business/news/titan-q1-net-jumps-63-beats-estimates/4313181/
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