Shares of Titan Company climbed 5.47% to ₹4,543 on the National Stock Exchange after the company announced a strong set of fourth-quarter earnings for FY26.
The Tata Group-backed watch and jewellery retailer posted a 35% year-on-year rise in consolidated net profit at ₹1,179 crore for the January–March quarter, compared with ₹871 crore in the corresponding period last year.
Total income witnessed a sharp 80% increase to ₹27,105 crore during Q4 FY26, up from ₹15,032 crore a year earlier, supported by strong growth across key business segments.
Operationally, EBITDA rose 28% annually to ₹2,122 crore against ₹1,653 crore reported in Q4 FY25. However, the company’s operating profit margin narrowed to 7.83% from 11% in the same quarter last year.
Along with its earnings, Titan Company’s board of directors has recommended a dividend of ₹15 per equity share (face value ₹1 each), subject to approval by shareholders at the upcoming AGM. The dividend will be paid within seven days from the conclusion of the AGM.
“FY26 has been a landmark year for Titan. We had crossed the ₹50,000 crore annual revenue milestone in FY25 after nearly 40 years. The next ₹25,000 crore has been remarkably achieved in a single year of FY26,” said Ajoy Chawla, managing director of Titan Company.
“The quarter performance was led by 'Festival of Diamonds', with our brands of Tanishq, Mia, Zaya, CaratLane, beYon and Damas striking the right chord with consumers across geographies and age groups,” Chawla added.