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Titan Profit Soars 35% in Q4
8 May
Summary
- Net profit climbed 35% year-on-year to Rs 1,179 crore in Q4FY26.
- Consolidated sales surged 48% year-on-year to Rs 13,897 crore.
- Board proposes a dividend of Rs 15 per share for shareholders.
Titan Company announced a significant increase in its net profit for the January-March quarter of fiscal year 2026 (Q4FY26), reporting Rs 1,179 crore. This represents a substantial 35% rise compared to the Rs 871 crore earned in the same period last year. Sequentially, the net profit saw a moderation of nearly 30% from the previous quarter.
The watchmaker's consolidated net sales, or revenue from operations, dramatically increased by 48% year-on-year during Q4FY26, reaching Rs 13,897 crore. This growth contrasts with a sequential contraction of 17% from Q3. The company's earnings before interest, tax, depreciation, and amortization (EBITDA) also grew by 28% year-on-year, amounting to Rs 2,121 crore.
For the full fiscal year 2026 (FY26), Titan Company's sales climbed 34% year-on-year to Rs 76,797 crore. The total profit for FY26 rose by 52% year-on-year to Rs 5,073 crore. The jewellery portfolio, which includes brands like Tanishq and Caratlane, experienced a notable 50% growth, contributing approximately Rs 18,195 crore to the company's performance.
Reflecting its strong financial results, Titan Company's board has recommended a dividend of Rs 15 per share. This proposal is subject to shareholder approval, with the record and payment dates to be announced later.
