Titan's Q1 FY 2025-26 Quarterly Results

Result Summary

• Titan reported a 31.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 24.2%.
• Its expenses for the quarter were up by 29.9% QoQ and 22.0% YoY.
• The net profit increased 41.5% QoQ and increased 52.6% YoY.
• The earnings per share (EPS) of Titan stood at 12.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Titan is a prominent company known for its diverse range of products and services, primarily in the consumer goods sector. It operates predominantly in the lifestyle and luxury segments, offering products such as watches, jewelry, eyewear, and accessories. As a part of the Tata Group, Titan has established a strong presence in the Indian market and is recognized for its brand credibility and extensive distribution network. Recent developments in the company include expansions in product lines and strategic partnerships to enhance market penetration. However, specific recent developments related to Titan in the current fiscal period are not provided in the data.

Revenue

In the first quarter of FY26, Titan reported a total income of ₹16,628 crores. This represents a significant increase of 31.4% from the previous quarter, Q4FY25, where the total income was ₹12,653 crores. Comparing year-over-year, there is a 24.2% increase from Q1FY25, where total income was ₹13,386 crores. The substantial growth in revenue on both a quarterly and yearly basis highlights a robust financial performance for this quarter. The upward trajectory in total income signifies a strong demand for Titan’s products and services, reflecting the company's strategic market positioning and possibly increased consumer spending.

Profitability

Titan’s profitability metrics for Q1FY26 show a positive trend. The company reported a profit before tax (PBT) of ₹1,480 crores, which is a 49.3% increase from the previous quarter's PBT of ₹991 crores. Year-over-year, the PBT grew by 52.1% from ₹973 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was ₹1,091 crores, marking an increase of 41.5% from the last quarter and 52.6% from the same quarter last year. Earnings per share (EPS) were reported at ₹12.30, compared to ₹8.70 in Q4FY25, reflecting a 41.4% increase, and a 51.9% increase from ₹8.10 in Q1FY25. These figures demonstrate a robust financial performance, with significant improvements in profitability metrics across the board.

Operating Metrics

In terms of operating metrics, the total expenses for Q1FY26 amounted to ₹15,148 crores, which is an increase of 29.9% from the previous quarter's expenses of ₹11,662 crores. Year-over-year, there was a 22.0% increase from ₹12,413 crores in Q1FY25. The tax expense for Q1FY26 was ₹389 crores, up by 76.8% from Q4FY25’s ₹220 crores, and a 50.8% increase from ₹258 crores in Q1FY25. These figures reflect an increase in operational costs and tax liabilities, aligning with the growth in revenue and profitability. The data indicates a significant uptick in both operating income and expenses, suggesting a scale-up in operations and possibly expanded business activities during the quarter.