Titan Reports 35.4% Year-on-Year Rise in Net Profit to ₹1,179 Crore for Q4 2026, Declares ₹15 Per Share Dividend
Titan Q4 Results 2026: Company Reports 35.4% Year-on-Year Growth in Net Profit
The Tata Group's Titan Company has announced its consolidated net profit for the fourth quarter (Q4FY26) ended March 2026, reporting a significant 35.4% year-on-year (YoY) growth to ₹1,179 crore. This growth is attributed to the owners of the Group. The company's consolidated revenue from operations surged 80.5% to ₹26,920 crore in the March quarter, compared to ₹14,916 crore in Q4FY25.
On the standalone front, Titan's net profit for the quarter ended March (Q4FY26) rose 29.2% YoY to ₹1,124 crore, compared to ₹870 crore in the corresponding quarter last year. Revenue from operations surged 77.6% YoY to ₹23,934 crore, against ₹13,477 crore reported a year ago. The company's Earnings Before Interest and Taxes (EBIT) for the reviewed quarter reached ₹1,875 crore, up 28% from ₹1,470 crore in Q4FY25.
Business Performance
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Jewellery Business
Titan reported a strong performance in its jewellery business for the quarter ended March 2026, with segment revenue rising 50% YoY to ₹18,195 crore. The India jewellery business recorded a 46% growth in income to around ₹17,114 crore. Within this, the combined Tanishq, Mia, and Zaya businesses grew 48% to ₹16,047 crore. Meanwhile, CaratLane posted a 22% growth, with revenue reaching around ₹1,066 crore. International jewellery operations also witnessed robust momentum, with revenue surging 174% to ₹1,081 crore. The jewellery business reported an EBIT of around ₹1,820 crore, translating into a 10% margin.
Watches Business
Titan's watches business reported a healthy performance in Q4 FY26, with total income rising 17% YoY to ₹227 crore. The segment recorded an EBIT of around ₹21 crore, translating into an EBIT margin of 9.2%. During the quarter, the company continued its store optimisation initiatives, undertaking 37 refurbishments and renovations, opening 12 new stores, and closing 32 stores across formats.
EyeCare Business
Titan's EyeCare business also posted steady growth during Q4 FY26, with total income increasing 17% YoY to ₹227 crore. The segment reported an EBIT of approximately ₹21 crore, with margins standing at 9.2%. The company continued to focus on operational efficiency and network optimisation through store refurbishments, selective expansion, and closure of underperforming outlets during the quarter.
Titan Share Price Today
Titan share price today opened at ₹4,302.05 per share on the BSE, touched an intraday high of ₹4,585 per share, and an intraday low of ₹4,215 per share. According to Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, the stock has resumed its primary uptrend after taking strong support near its 50-day exponential moving average (50-DEMA) following the recent correction. He noted that the latest candle has engulfed the entire corrective phase, indicating renewed bullish momentum. According to Bhosale, the stock could potentially extend its upmove towards the ₹5,000 level in the near term, while ₹4,400 is expected to act as an immediate support zone.
| Business Segment | Q4FY26 Revenue | Q4FY25 Revenue | YoY Growth |
|---|---|---|---|
| Jewellery Business | ₹18,195 crore | ₹12,135 crore | 50% |
| Watches Business | ₹227 crore | ₹193 crore | 17% |
| EyeCare Business | ₹227 crore | ₹193 crore | 17% |
Investor Takeaway
Investors should consider Titan's strong Q4 results and dividend proposal as a positive indicator for the company's future performance.
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