Titan This autumn Outcomes: Cons revenue jumps 35% YoY to Rs 1,179 crore; Rs 15/share dividend introduced
Together with the earnings, Titan’s Board additionally beneficial a dividend of Rs 15 per fairness share, which shall be paid inside seven days from the conclusion of the forty second Annual Common Assembly, topic to the approval of the shareholders of the corporate.
The corporate’s Earnings Earlier than Curiosity and Taxes (EBIT) stood at Rs 1,875 crore within the quarter beneath assessment, rising 28% over 1,470 crore in Q4FY25.
Section efficiency
Jewelry
Constructing on its sturdy Q3 momentum, the jewelry enterprise recorded one other distinctive quarter of fifty% development over the year-ago interval. New collections and continued power of Titan’s alternate packages powered sturdy 35% growths in every of gold and studded product portfolios.
Shopper confidence in gold as each an adornment and a retailer of worth remained intact (regardless of report excessive costs and volatility within the quarter), translating into wholesome purchaser engagement.
The Worldwide Jewelry enterprise (with the addition of Damas Jewelry), clocked double-digit retail development throughout GCC and North America, regardless of a number of disruptions as a result of ongoing geopolitical scenario within the Center East area.
The enterprise achieved an EBIT of 1,820 crores at a margin of 10%. Inside this, the India enterprise clocked an EBIT of Rs 1,902 crores at 11.1% margin.Tanishq, Mia and Zaya enterprise (mixed) recording EBIT of 1,813 crores at 11.3% margin, whereas Caratlane (home) recording an EBIT of Rs 89 crores at 8.4% margin. The worldwide jewelry enterprise (together with Damas) recorded a lack of Rs 82 crores for the quarter.
Extra to return….

