Now Reading: Titan Q1 revenue jumps 40%, July momentum continues
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Titan Q1 revenue jumps 40%, July momentum continues
Titan Company’s consolidated revenue rose 40% year-on-year in Q1 FY27 to Rs 20,787 crore, with net profit jumping nearly 63% to Rs 1,777 crore, the Economic Times reports. The Hindu Business Line…
The Story in Brief
Titan Company’s consolidated revenue rose 40% year-on-year in Q1 FY27 to Rs 20,787 crore, with net profit jumping nearly 63% to Rs 1,777 crore, the Economic Times reports. The Hindu Business Line puts total income at Rs 20,212 crore. Jewellery revenue grew 36-40%, watches 22%, and international business surged 128%. Managing Director Ajoy Chawla said July has continued the positive momentum and that studded jewellery demand has been resurging since Q4 last year. The company aims to double consolidated revenue and operating profit by FY30 from FY26 levels.
The Indian Opinion
The strong Q1 numbers are encouraging, but Titan’s own MD warns against reading too much into a single quarter. Gold price volatility and geopolitical drag in the Gulf are still real risks. The studded jewellery revival is a positive sign, but the test will be whether buyer growth holds when gold rates become unstable again. Watch next quarter’s studded share and July-August footfall trends.
Sources (2): thehindubusinessline.com, economictimes.indiatimes.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
