Noida, May 8 (APAC Media): Tata Group-owned Titan Company on Friday reported a 35% year-on-year increase in consolidated net profit to Rs 1,179 crore for the fourth quarter of FY2025-26, compared with Rs 871 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing.
The company’s earnings before interest and tax (EBIT) rose 28% year-on-year to Rs 1,875 crore in the fourth quarter, from Rs 1,470 crore a year earlier.
Total income rose 46% year-on-year to Rs 20,300 crore in the fourth quarter of FY2025-26, compared with Rs 13,891 crore in the corresponding period last fiscal.
The board has recommended a dividend of Rs 15 per equity share of Rs 1 each, which will be paid within seven days from the conclusion of the 42nd annual general meeting, subject to shareholders’ approval.
“FY26 has been a landmark year for Titan. We had crossed the ~50,000 crore annual revenue milestone in FY25 after nearly 40 years. The next 25,000 crores have been remarkably achieved in a single year of FY26. This is a reflection of the enduring strength of our brands, the trust of our consumers, and the unflinching commitment of every member of the Titan family,” Ajoy Chawla, managing director of the company, said.
Watches
The watches business posted an 8% year-on-year rise in total income to Rs 1,222 crore in the quarter, with EBIT at Rs 143 crore and margin at 11.7%. Growth was led by analogue watches and premium brands, while the smartwatch segment saw a sharp decline. The company added 30 net new stores during the quarter.
“As we step into FY27 with optimism following an exceptional FY26 performance, we remain mindful of macroeconomic volatility and fragile geopolitical conditions that require agility across businesses to drive growth effectively. We remain committed to strengthening Titan’s competitive advantage, deepening customer engagement, and creating long-term value for all stakeholders,” Ajoy added.
Eyecare
The domestic eyewear business maintained its double-digit growth momentum during the quarter, driven by international brands and improved price realisations across the portfolio. The business reported a 17% year-on-year rise in total income to Rs 227 crore in Q4FY26, while EBIT stood at Rs 21 crore with a margin of 9.2%. During the quarter, the company undertook 37 store refurbishments and renovations, opened 12 new stores and closed 32 outlets as part of its optimisation efforts.
Emerging Businesses
The emerging businesses, comprising SKINN fragrances, IRTH women’s bags and Taneira, posted mixed performance during the quarter. Fragrances maintained strong volume momentum across both Skinn and Fastrack perfume lines, while IRTH recorded robust growth and improved brand visibility. Taneira’s revenue remained flat for the quarter.
The combined total income from these businesses rose 20% year-on-year to Rs 123 crore in Q4FY26, while the segment reported a loss of Rs 50 crore.
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