Home / Business and Economy / Titan Board Meets Nov 5 for Q2 Results
Titan Board Meets Nov 5 for Q2 Results
20 Oct
Summary
- Titan board meeting scheduled for November 5, 2026, to approve Q2 FY27 results.
- Investors to scrutinize jewellery margins and demand during the September quarter.
- Stock performance shows a 20% gain over the past year, with a 5.31% stake held by Rekha Jhunjhunwala.
Titan Company is scheduled to hold a board meeting on Thursday, November 5, 2026. The primary agenda is to consider and approve the unaudited standalone and consolidated financial results for the second quarter and the first half of FY27, ending September 30, 2026. No dividend consideration has been announced for this meeting.
Investors are expected to focus on key performance indicators within Titan's diverse business segments. Specifically, the jewellery division's revenue, margins, and consumer demand will be under scrutiny, especially given the current elevated gold prices. Performance updates for the watches and eyewear businesses are also anticipated.
The company's stock has experienced some recent pressure, trading approximately 15% below its 52-week high. However, it has shown resilience with a 20% gain over the past year and a significant 78% increase over five years. Rekha Jhunjhunwala remains a major shareholder, holding about 5.31% of the company's shares, and foreign institutional investors also maintain a notable stake.
Titan's Q1 FY27 financial report indicated robust growth, with consolidated net profit soaring 63% year-on-year to ₹1,777 crore and consolidated revenue rising 29% year-on-year to ₹21,356 crore. The EBITDA also saw a significant increase of 58%, with margins expanding to 13.5%. These figures suggest a strong operational performance that sets expectations for the upcoming Q2 results.
