Titan Q2 FY27 Profit More Than Doubles To ₹2,393 Crore, Revenue Jumps 23.5% As Jewellery And Watches Shine

New Delhi, November 6, 2026: Tata Group-backed Titan Company reported a sharp 113.7 per cent year-on-year surge in consolidated net profit to ₹2,393 crore for the September quarter of FY27, compared with ₹1,120 crore a year earlier.

Revenue from operations increased 23.5 per cent to ₹20,337 crore from ₹16,461 crore, supported by growth across jewellery, watches and emerging businesses.

Jewellery Growth

Titan’s jewellery business, its largest revenue contributor, recorded 7.25 per cent growth to ₹17,721 crore from ₹16,522 crore.

Domestic jewellery revenue climbed 21 per cent to ₹16,343 crore, while Tanishq, Mia and Zaya collectively registered 20 per cent growth to ₹14,935 crore.

CaratLane delivered stronger momentum, with revenue jumping 31 per cent to ₹1,408 crore.

Global Expansion

Titan’s international jewellery revenue more than doubled, rising 105 per cent to ₹1,152 crore.

Tanishq, Mia and CaratLane collectively generated ₹488 crore internationally, while UAE-based Damas Jewellery contributed ₹364 crore.

However, geopolitical disruptions continued to affect consumer demand across Gulf markets.

Watches Shine

The watches business reported 27.35 per cent revenue growth to ₹1,881 crore, supported by strong demand for analogue watches.

Smartwatches returned to growth, while Titan expanded its retail presence by adding 34 watch stores across India.

Eyecare revenue increased 27.72 per cent to ₹281 crore, reflecting continued premiumisation.

Emerging Businesses

Revenue from emerging businesses, including SKINN fragrances, IRTH women’s bags and Taneira, jumped 45 per cent to ₹808 crore.

Also read: Dabur Q2 Profit Jumps 12% To ₹499 Crore, Revenue Crosses ₹3,563 Crore As Board Declares 350% Dividend

Total consolidated income increased 13.7 per cent to ₹21,430 crore, while expenses rose 13.76 per cent to ₹18,429 crore.

Fundraising Plans

Titan’s board approved raising up to ₹2,500 crore through privately placed non-convertible debentures.

For H1 FY27, consolidated total income rose 21 per cent to ₹42,932 crore.

Titan shares closed 1.72 per cent higher at ₹4,831.55 on the BSE on Thursday.

Disclaimer: This report is based on Titan’s reported financial results and PTI information. It is for informational purposes, not investment advice.