Titan Q3 FY26 Results: Net Profit Jumps 61% to ₹1,684 Cr as Jewellery Shines

Titan Company delivered a strong set of numbers for Q3 FY26, with profitability and margins improving sharply on the back of robust jewellery demand and elevated gold prices.

The Tata Group company reported a 61% year-on-year rise in consolidated net profit to ₹1,684 crore for the quarter ended December 2025. Revenue from operations surged 43% YoY to ₹25,416 crore, reflecting healthy festive demand across its key brands.

Strong Operating Performance

Titan’s operating metrics also showed clear improvement. EBIT (excluding exceptional items) rose 63% YoY to ₹2,657 crore, while EBIT margins expanded by 155 basis points to 10.8%, indicating better operating leverage despite a volatile gold price environment.

Jewellery Division Leads Growth

The jewellery segment remained the primary growth engine during the quarter. Brands such as Tanishq, Mia, Zoya, and CaratLane benefited from festive season demand, higher ticket sizes, and strong consumer preference for organized players. Elevated gold prices also supported revenue growth, even as volume growth remained steady.

Sequential Momentum Intact

For context, Titan had reported a 43% YoY increase in net profit to ₹1,006 crore in Q2 FY26, with revenue up 25% to ₹16,534 crore. The sharp acceleration in Q3 highlights improving demand conditions and better margin performance.

What to Watch Ahead

Going forward, the market will track:

• Demand sustainability amid high gold prices

• Margin trajectory in jewellery

• Growth momentum in watches and wearables

Overall, Titan’s Q3 FY26 performance reinforces its leadership position in India’s organised jewellery and lifestyle retail space, supported by strong brand equity and operating execution.