Titan Company Limited on Tuesday reported a 60.8% year-on-year growth in consolidated net profit at ₹1,684 crore for the quarter ended December 31, 2025. The company had reported a net profit of ₹1,047 crore during the same period last year. The quarter was characterised by broad-based growth across all its key business segments.

Revenue and profitability milestones

Titan’s consolidated total income for the quarter stood at ₹24,592 crore (excluding bullion and digi-gold sales), marking a robust 40% year-on-year growth. The company’s earnings before interest, tax, depreciation and amortisation (EBIDTA) rose 62% to ₹2,713 crore during the quarter. This resulted in an EBIDTA margin of 10.7%, as against 9.44% reported in the year-ago quarter.

Management noted that even when normalising for the custom duty reduction impact seen in the previous year, the profit before tax still grew by a healthy 44%.

Jewellery segment growth

The Jewellery division, encompassing Tanishq, Mia, Zoya, and CaratLane, recorded exceptional growth despite a high gold price environment. The segment's total income grew 42.1% to ₹22,517 crore, while its EBIT jumped 66.1% to ₹2,475 crore.

• Tanishq & international: The domestic business saw its highest-ever quarterly growth, driven by a powerful gold exchange programme and high-value festive collections. The international business also clocked robust double-digit retail growth.

Watches, EyeCare, and new forays

• Watches & Wearables: This segment recorded its highest-ever quarterly revenue of ₹1,295 crore, growing 13.9%. While analog watches saw strong demand, the smartwatch category faced a 27% volume decline.

Acquisition of Damas Jewellery

On February 6, 2026, Titan completed the 67% acquisition of Damas Jewellery in the GCC region for AED 485.89 million. Managing Director Ajoy Chawla stated that this acquisition enables Titan to address evolving preferences across new geographic and demographic markets well beyond the traditional Indian diaspora.

With a total retail footprint now spanning 3,433 stores across 440 towns, Titan continues to dominate the Indian premium lifestyle and jewellery landscape.

The shares of Titan Company ended 0.85% higher at ₹4,293.80 apiece on the national stock exchange on Tuesday. The company's stock has risen nearly 30% in the past year, outperforming the benchmark Nifty 50 index that has gained over 11% during the same period.