Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced
3 Articles
3 Articles
Titan Q4 Results: Cons profit jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend announced
Titan Q4 Results: Titan Company reported a robust 35% growth in net profit for Q4FY26, reaching Rs 1,179 crore, driven by a strong performance in its jewellery segment. The company's total income surged by 46% to Rs 20,300 crore. Titan's Board also recommended a dividend of Rs 15 per equity share.
Titan Sees Strong Growth Ahead as Gold Demand Remains Robust
Indian jewellery giant Titan expects revenue to grow between 15% and 20% annually over the next five years, driven by resilient demand for gold jewellery and the rising popularity of branded retail chains. The company’s Tanishq brand continues to gain market share as more affluent Indian consumers shift away from unorganised jewellery stores. Titan reported a sharp rise in overall sales, with revenue climbing 48% to 206.07 billion rupees in the …
Titan reports lower-than-expected Q4 profit amid higher gold prices
Titan Company Ltd reported fourth-quarter profit below market expectations on Tuesday, as rising costs offset strong demand for gold ornaments and coins during the quarter ended March 31.The company, which operates jewellery brands including Tanishq and CaratLane, posted a profit of 11.79 billion rupees ($124.60 million), compared with 8.71 billion rupees reported a year earlier.However, the earnings figure fell short of analysts’ average estima…
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