Tata Group's consumer company, Titan, has delivered a stellar performance in the first quarter of FY26. The company's net profit surged by 34% to ₹1,030 crore, while revenue increased by 17% to ₹13,192 crore. The jewelry and watch segments demonstrated b growth, and a clear improvement in the company's profitability was also recorded.
Mumbai: Titan, a leading FMCG company of the Tata Group, has surprised investors by announcing its Q1 FY26 results. Despite a challenging economic environment and volatile gold prices, Titan reported a net profit of ₹1,030 crore, a 34% increase compared to the same quarter last year. The company's total revenue also reached ₹13,192 crore, a 17% year-on-year growth. The robust growth in the jewelry and watch segments significantly contributed to this performance.
17% Increase in Operating Revenue
The company achieved an operating revenue of ₹13,192 crore in this quarter, compared to ₹11,263 crore in the first quarter of the previous year. This represents a 17% surge in the company's revenue. This growth is attributed to the b performance of the jewelry and watch segments, which have continued to grow steadily. Additionally, the company's new products and brand expansion have also strengthened this growth.
34% Increase in Net Profit
In this quarter, Titan's net profit increased by 34% to ₹1,030 crore, compared to ₹770 crore in the same quarter of the previous fiscal year. This growth is undoubtedly a symbol of the success of the company's business vision and strategies. Titan's b performance has not only attracted investors but has also proven that the company remains a stable player in its segments.
Exceptional Growth in EBIT and Net Profit
Earnings before interest and tax (EBIT) saw a 33% increase, reaching ₹1,596 crore. In the same quarter last year, this figure was ₹1,203 crore. This has further improved the company's profitability. Meanwhile, consolidated profit after tax (PAT) also saw a tremendous jump.
This profit increased by 53% to ₹1,091 crore, compared to ₹715 crore last year.
Titan has increased its standalone profit margin by 97 basis points to 7.8%, up from 6.9% previously. Similarly, the consolidated profit margin also increased by 151 basis points, reaching 7.3%. These figures demonstrate the success of the company's profit management and cost control strategies.
Growth of the Jewelry Segment
Titan's jewelry segment is the company's largest revenue generator, and it has performed exceptionally well in this quarter. Excluding bullion and digital gold sales, this segment saw a growth of 19%. The company's jewelry business reached ₹12,797 crore, significantly higher than the ₹10,757 crore in the previous year. The company clarified that despite rising gold prices and market uncertainties, customer confidence remained intact, and Titan took full advantage of it.
Historical Quarter for the Watch Segment
Titan's watch segment recorded a record growth of 24% in this quarter. This segment recorded a business of ₹1,273 crore, which Titan has described as its best quarter ever. The growth of this segment is an important indication of the company reaching new heights, capable of understanding and meeting market demand.
Marginal Decline in the Stock Market
Although Titan's quarterly results were very b, Titan's share on the BSE closed with a slight decline at ₹3,414.95. In the past one year, the company's share has touched a minimum level of ₹2,947.55 and a maximum level of ₹3,866.15. As per the current share price, the company's market cap is ₹3,03,174.53 crore.
Titan's share return has also shown a stable pattern in the market. In the past one year, the share has given a return of 2.66%, while in three years it has given a return of 40.39% and in five years a fantastic return of 213.10%. This performance indicates that Titan has been a reliable and profitable option for long-term investors.
Dividend Policy
Titan's dividend policy is also in the interest of investors. The company has consistently paid dividends in the past few years, enabling investors to earn good returns.
- ₹11 per share on July 8, 2025
- ₹11 per share on June 27, 2024
- ₹10 per share on July 13, 2023
This clearly shows that Titan is actively involved in providing regular dividends to its investors.
