Titan Company has reported a 62.9% year-on-year increase in consolidated net profit to ₹1,777 crore for the first quarter of financial year 2026-27 (Q1FY27). The company’s net profit was also up 50.7% sequentially from the previous quarter.
Revenue from operations rose 29.3% Y-o-Y to ₹21,356 crore during the April-June quarter, although it declined 20.7% compared with Q4FY26. Profit before interest, depreciation and tax (PBIDT) increased 57% Y-o-Y to ₹3,038 crore.
Titan’s jewellery business, which includes brands such as Tanishq, Mia and Zoya, recorded a 43% increase in income to ₹18,253 crore in Q1FY27. The company said the business benefited from healthy festive demand during the quarter.
Titan’s other consumer businesses also reported strong growth. The company’s eyewear business grew 21% Y-o-Y to ₹289 crore, while the watches business increased 21% to ₹1,543 crore during the quarter.
The numbers reflect broad-based momentum across Titan’s portfolio, with jewellery continuing to anchor overall performance while newer categories like eyewear and watches post steady double-digit gains, signalling sustained consumer demand across the company’s lifestyle offerings heading into the festive season.
