Titan, Tata Group’s jewellery-to-eyewear brand, announced its June quarter performance today, reporting a strong 52.5% year-on-year jump in its consolidated net profit to ₹1,091 crore, topping analysts’ consensus estimates of ₹893 crore, led by steady demand in its jewellery business segment.
The consolidated revenue from operations during the reporting quarter stood at ₹16,523 crore, marking a 24.6% increase compared to ₹13,266 crore reported in the same period last year.
The revenue from the jewellery segment, which accounts for 80% of the company’s revenue, grew by 19% YoY in Q1FY26 to ₹11,217 crore (excluding bullion and digi-gold sales), driven by healthy growth in its India business.
Tanishq, Mia, and Zoya together recorded an 18% growth to ₹10,264 crore, while CaratLane posted a strong 39% growth to ₹1,026 crore during the same period.
The international jewellery business grew even stronger, rising 49% year-on-year to ₹554 crore. In the watches segment, the business had an exceptional quarter, recording 24% growth over Q1FY25 with total revenue reaching ₹1,273 crore.
The eyewear business posted a total income of ₹238 crore in Q1FY26, reflecting a 13% YoY growth and the emerging businesses segment, which includes Indian dress wear under Taneira, fragrances, and women’s fashion accessories (F&FA), recorded a total revenue of ₹108 crore, marking a 35% growth compared to Q1FY25.
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