Tata Group’s Titan Company has delivered strong performance in the third quarter (Q3) of FY2026. The company reported a massive 61% year-on-year (YoY) jump in net profit to ₹1,684 crore, compared to the same quarter last year.
The sharp growth was mainly supported by excellent performance in its jewellery segment, which remains Titan’s biggest revenue contributor.
Let’s understand the key highlights in simple words.
Segment-wise highlights
Titan’s jewellery segment surged 42% YoY to ₹22,517 crore in Q3 of FY26, within which the domestic jewellery business income rose 41% YoY to ₹21,458 crore.
Its domestic jewellery vertical, comprising Tanishq, Mia and Zoya, advanced 40% YoY to ₹19,921 crore for the reporting quarter, while Caratlane recorded a 42% YoY growth to reach ₹1,537 crore.
The firm said the domestic jewellery growth was “led by a vibrant festive season and backed by visible and evocative campaigns for all brands in the portfolio. The robust growth was supported by a powerful exchange program, wedding sales, festive collections, and attractive coin offers, driving strong growth momentum throughout the quarter, despite elevated gold prices.”
The international jewellery business clocked a robust 83% YoY increase to ₹1,058 crore for Q3FY26, aided by both store expansion and strong like-to-like growth.
Its watches division witnessed a 14% YoY growth in its total income, which stood at ₹1,295 crore during the quarter, with the domestic business seeing strong traction in the festive season, driven by gifting occasions.
The analog segment continued to be the mainstay, clocking 20% growth in consumer sales, accompanied by healthy same-store sales growth across key retail formats.
“Premiumisation journey saw steady progress across Titan, Fastrack and Sonata brands, all growing in healthy double-digits compared to Q3FY25. Smart Watches saw demand moderation in volumes, declining year-on-year by 27% amidst stable pricing in the sub-segment,” Titan said.
The eyecare vertical recorded 18% YoY surge in its total income to ₹231 crore, driven by double-digit growth in lenses and sunglasses for the quarter. The domestic business witnessed healthy demand in core categories supported by high single-digit volume growth and mid-single-digit growth in average selling prices (ASP).
Its emerging businesses, comprising women’s bags, fragrances and taneira, grew 15% YoY to ₹135 crore. Furthermore, their combined losses reduced to ₹26 crore in Q3FY26, compared to a loss of ₹32 crore in the year-ago period.
Titan Engineering & Automation Ltd (TEAL) posted a 67% YoY increase in its total income to ₹323 crore in the quarter ended December 31, 2025.
“Across its automation solutions and manufacturing services businesses, TEAL is expanding its presence to serve marquee Indian as well as global customers,” the Bengaluru-based company said.
What the MD said
Commenting on the results, Ajoy Chawla, Managing Director of Titan Company, said: “We marked a stellar third quarter of 40% growth characterized by a strong performance across our key businesses. The festive period spurred broad-based consumer interest across our portfolios, underscoring resilience in premium and accessible segments alike.”
Chawla said that the jewellery business drove strong buyer engagements via attractive exchange programs, exquisite new collections, and lucrative bundled offers, which resulted in one of its best-ever growth quarters.
“Our Watches and EyeCare businesses sustained their growth trajectories, clocking valuable gains across key brands in their portfolios. We are encouraged by the consistent performance in our Fragrances business and investing to grow our Women’s Bags and Taneira businesses.”
Towards the quarter-end, Titan Company launched beYon, a lab-grown jewellery line to bolster its multi-brand jewellery portfolio and explore new growth avenues.
“We are excited to announce the completion of 67% acquisition of Damas Jewellery after quarter-end, wholeheartedly welcoming them to our Titan family. The strategic addition enables us to address evolving consumer preferences across new geographic and demographic markets extending well beyond our traditional Indian diaspora,” Chawla added.
Shares of Titan Company closed 0.85% higher at ₹4,293.80 per unit on the National Stock Exchange (NSE) on Tuesday, ahead of the result announcement.
🏁 Conclusion
Titan Company has delivered a powerful Q3 performance with 61% growth in net profit and 42% surge in jewellery sales. The company’s strong brand value and festive demand played a major role in this growth.
With solid fundamentals and leadership in the jewellery sector, Titan continues to remain a key stock in India’s large-cap space.
FAQs
1. What is Titan Company’s net profit in Q3 FY2026?
Titan reported a net profit of ₹1,684 crore in Q3 FY2026.
2. How much did Titan’s profit grow year-on-year?
The company’s net profit increased by 61% compared to the same quarter last year.
3. Which segment contributed most to Titan’s growth?
The jewellery business contributed the most, recording 42% YoY growth.
4. Is Titan part of Tata Group?
Yes, Titan Company is a part of the Tata Group.
5. Why is Titan considered a strong long-term stock?
Titan has strong brand value, consistent growth, leadership in jewellery retail, and expanding business segments, making it attractive for long-term investors.
Disclaimer
This article is intended for educational purposes only. The views and opinions expressed are those of individual analysts or brokerage firms and do not represent the views of GoldSilverReports.com. Investors are strongly advised to consult certified financial experts before making any investment or trading decisions.
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