Led by high gold prices, Titan Company, the country’s largest jewellery retailer, reported a consolidated net profit of Rs 1,684 crore for the December quarter (Q3) of fiscal 2026 (FY26), marking a 61% year-on-year (YoY) rise in bottom line and beating street estimates by a wide margin for the period. Bloomberg consensus estimates had pegged net profit at Rs 1,502 crore for the quarter. Spot gold prices rose nearly 12% during the December quarter, driven by geopolitical uncertainties, rate cuts and robust central bank buying of gold.