Titan‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌‍‌‍‍‌ Company Limited Q2 FY26 Profit Jumps 59% to ₹1,120 Crore on Strong Festive Demand

Bengaluru, November 4, 2025: Titan Company Limited (NSE: TITAN | BSE: 500114) reported a strong second-quarter performance for the period ended September 30, 2025 (Q2 FY26), driven by early festive momentum, robust consumer demand, and exceptional growth in its jewellery segment.

The company’s consolidated net profit surpassed the half-a-billion mark, rising 59.1% year-on-year to ₹1,120 crore, compared to ₹704 crore in Q2 FY25. Titan also reported a strong 28.8% growth in turnover, reaching ₹18,725 crore against ₹14,534 crore in the same period last year. EBITDA increased by 51.7% to ₹1,875 crore, with the EBITDA margin improving slightly from 8.5% to 10.01%, reflecting enhanced operational efficiency.

Segment Highlights

The jewellery segment remained the largest contributor to Titan’s revenue, recording a robust 29% year-on-year growth to ₹16,649 crore. This surge was primarily driven by strong festive demand during Navratri and the early onset of the festive season. The watches and wearables segment reported a 6% rise in turnover to ₹1,177 crore, while the eyecare business grew by 6% to ₹326 crore. Meanwhile, the emerging businesses division — which includes fragrances, fashion accessories, and the ethnic wear brand Taneira – posted an impressive 35% growth, reaching ₹572 crore.

Management Commentary

Chief Executive Officer C.K. Venkataraman attributed the strong quarterly performance to festive demand, the launch of new collections, and growing international visibility. Following this, the board of directors approved the appointment of Mr. Ajoy Chawla as Managing Director, effective January 1, 2026. He will succeed Mr. Venkataraman, who is set to retire on December 31, 2025.

Stock Market Reaction

Titan’s share price witnessed a strong rally following the earnings announcement. As of 2:22 PM IST, the Titan share price was trading at ₹3,804.50, up 2.15%. The company’s market capitalisation now stands above ₹3 lakh crore, reflecting investors’ continued confidence in Titan’s future growth and its dominant position in the lifestyle segment.

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