Consumer Products
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Updated on 03 Nov 2025, 01:58 pm
Reviewed By
Aditi Singh | Whalesbook News Team
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Titan Company Limited posted a robust financial performance for its second quarter, reporting a 22% increase in revenue to ₹16,649 crore and a substantial 59% jump in consolidated net profit to ₹1,120 crore. The company attributed this success to strong consumer demand for its jewellery and watches, particularly during the festive period.
The domestic jewellery business saw a 21% rise in total income to ₹14,092 crore, excluding bullion and Digi-Gold sales. Brands like Tanishq, Mia, and Zoya combined grew by 18% to ₹12,460 crore, while CaratLane experienced an impressive 32% growth, reaching ₹1,072 crore. International jewellery business nearly doubled to ₹561 crore, with strong momentum in the UAE and North America.
The watches business also performed well, with a 13% growth in total income to ₹1,477 crore. The EyeCare business grew 9%, led by sunglasses. Emerging businesses like Taneira, Fragrances, and Women’s Bags saw a combined 34% growth in income, with reduced losses.
Factors contributing to the jewellery growth included strong consumer demand during Navratri, Tanishq's gold exchange offers, and CaratLane's promotions. While overall growth was led by ticket size improvements, buyer numbers saw a marginal decline.
Impact: This strong financial performance is likely to boost investor confidence in Titan Company Limited and positively influence its stock price. The results highlight the company's ability to capitalize on festive demand and manage its diverse business segments effectively, signaling continued strength in the consumer discretionary sector. Rating: 8/10.
Difficult Terms: Ebit: Earnings Before Interest and Taxes. It is a measure of a company's profit before accounting for interest expenses and taxes. Ebit Margin: Ebit divided by revenue, expressed as a percentage. It indicates operational efficiency. Bullion: Gold or silver in bulk form, typically in bars or ingots. Digi-Gold: Digital gold that can be purchased, stored, and redeemed online. Navratri: A Hindu festival celebrated over nine nights, marking the beginning of the festive season in India. Secondary Growth: Growth in sales or revenue from existing stores or channels, rather than from new store openings or new markets.
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