Debasis Mohapatra
Bengaluru, 11 Feb 2026
Titan Ltd, the jewellery to watches brand, posted a strong Q3FY26 performance with sound increase seen in jewellery business. Margin expansion in jewellery business along with strong growth in other segments put the company’s share in focus, according to research done by the Data Biz Times team.
Here is a snapshot:
Q3FY26 Performance: Consolidated
| Particular | Q3FY26 | Rise/Fall YoY |
| Consolidated Revenue | Rs 24,592 crore | 40% ↑ |
| Net Profit | Rs 1,684 crore | 61% ↑ |
| EBIT Margin | 10.8% | 1.55% ↑ |
| Net Profit Margin | 6.8% | 89 basis points ↑ |
Segment Results:
| Particular | Q3FY26 | Rise/Fall YoY | EBIT Margin |
| Jewellery Business | Rs 22,517 crore | 42% ↑ | 11% |
| Watches | Rs 1,295 crore | 14% ↑ | 12% |
| Eye Care | Rs 231 crore | 18% ↑ | 10.5% |
| Emerging Business | Rs 135 crore | 15% ↑ | NA |
| Titan Engineering & Automation Ltd | Rs 323 crore | 67% ↑ | 11.3% |
Commentary on jewellery segment:
Ajoy Chawla, MD of Titan Ltd:
The Jewellery business drove strong buyer engagements via attractive exchange programs, exquisite new collections and lucrative bundled offers resulting in one of its best ever growth quarters.
Towards the quarter-end, we launched beYon, a lab-grown jewellery line to bolster our multi-brand jewellery portfolio and explore new growth avenues.
We are excited to announce the completion of 67% acquisition of Damas Jewellery after quarter-end, whole-heartedly welcoming them to our Titan family. The strategic addition enables us to address evolving consumer preferences across new geographic and demographic markets extending well beyond our traditional Indian diaspora.
(Disclaimer: This information is for educational purposes only. Please consult your financial advisor before investing in stocks.)
