Titan Q1 FY27 Results: Net Profit Rises 63% to ₹1,777 Crore, Revenue Up 40%

Titan Company posted a strong set of results for the quarter ended June 30, 2026 (Q1 FY27). The Tata Group company reported a 62.88% year-on-year (YoY) increase in consolidated net profit to ₹1,777 crore, compared with ₹1,091 crore in the same quarter last year.

Revenue from operations also grew 40.32% YoY to ₹20,787 crore, up from ₹14,814 crore in Q1 FY26.

Compared with the previous quarter, net profit increased by 50.72%, while revenue remained broadly unchanged.

Jewellery Business Continues to Lead Growth

Titan's jewellery business remained the company's biggest revenue contributor during the quarter.

Revenue from the jewellery segment, excluding bullion and digital gold sales, increased 43% YoY to ₹18,253 crore. The company attributed this growth to stable gold prices, strong festive demand during Akshaya Tritiya, and the success of its jewellery exchange programmes.

The India jewellery business reported 38% revenue growth to ₹16,943 crore.

Among its jewellery brands:

• Tanishq, Mia and Zoya recorded combined revenue growth of 38% to ₹15,502 crore.
• CaratLane reported a 40% increase in revenue to ₹1,441 crore. 

International Jewellery Business Sees Strong Growth

Titan's international jewellery business more than doubled during the quarter, with revenue rising 136% YoY to ₹1,309 crore.

The growth was supported by strong demand for Tanishq in North America and healthy double-digit growth across the GCC region. The company also reported a gradual recovery in its Damas business.

One-Time Gain Boosts Profit

The company said its reported earnings included a one-time gain of ₹407 crore resulting from higher customs duty on gold.

Excluding this exceptional gain, Titan's Profit Before Tax (PBT) increased 37% YoY, reflecting healthy underlying business performance.

Watches and EyeCare Deliver Steady Performance

Titan's watches division reported revenue of ₹1,543 crore, up 21% YoY.

Premium analogue watches continued to perform well, although the smartwatches segment recorded a single-digit decline. The business reported an EBIT of ₹295 crore with an EBIT margin of 19.1%.

The EyeCare business also delivered solid growth, with revenue rising 21% YoY to ₹289 crore. The segment reported an EBIT of ₹24 crore and an EBIT margin of 8.3%.

Emerging Businesses and TEAL Performance

Titan's emerging businesses, including Skinn fragrances, IRTH bags and Taneira, reported 18% YoY revenue growth to ₹128 crore. However, the segment recorded a loss of ₹39 crore during the quarter.

Titan Engineering & Automation Ltd (TEAL) continued its strong performance, with revenue increasing 43% YoY to ₹438 crore, while EBIT stood at ₹143 crore.

Titan Expands Retail Network

During Q1 FY27, Titan added 76 net stores across its businesses.

Store additions included:

• 33 jewellery stores in India, including Tanishq, Mia, beYon and CaratLane outlets.
• 2 Tanishq stores in the GCC region.
• 34 new watch stores.
• 7 EyeCare stores. 

Management Commentary

Managing Director Ajoy Chawla said the company delivered a strong start to FY27, supported by innovation, premium products and customer-focused brands across jewellery, watches, EyeCare and emerging businesses.

He added that despite challenges such as changing gold prices, customs duty revisions and geopolitical uncertainties, Titan remained focused on disciplined execution, brand investments and delivering long-term value to customers.

Read More: Best Gold ETFs in August 2026 Based on 5-Year CAGR: LIC MF Gold ETF, UTI Gold ETF and More!

Titan Share Price Movement

On August 7, 2026, Titan Company share price (NSE: TITAN) closed at ₹4,944.00 on the NSE, down ₹54.00 (1.08%) for the day. The stock opened at ₹4,978.10, touched an intraday high of ₹5,003.00, and fell to a low of ₹4,891.30.

Conclusion

Titan reported a strong first quarter of FY27, driven mainly by robust jewellery demand, international expansion and steady growth across its other businesses. 

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