Titan Company’s jewellery division delivered a strong Q4FY26 performance, with revenue rising 50% year-on-year to around ₹18,195 crore, excluding bullion and digi-gold sales. The growth reinforced jewellery as the company’s biggest revenue driver and helped push Titan’s consolidated FY26 revenue beyond ₹76,000 crore. Consolidated profit after tax for the quarter rose 35% to around ₹1,179 crore, while full-year profit climbed 52% to ₹5,073 crore.
The domestic jewellery business grew 46% to ₹17,114 crore during the quarter, driven by strong demand across Tanishq, Mia, Zoya and CaratLane. Despite elevated gold prices, Titan said consumer sentiment remained resilient, with both buyer growth and ticket sizes improving significantly.
Titan’s jewellery division recorded earnings before interest and tax (EBIT) of around ₹1,820 crore, up 37% year-on-year, in Q4FY26, with an EBIT margin of 10.0%. The domestic jewellery business alone posted EBIT of around ₹1,902 crore at an 11.1% margin, while the international jewellery business, including Damas, reported a loss of around ₹82 crore for the quarter.
Studded jewellery and plain gold jewellery each recorded around 35% growth, while coin sales nearly tripled compared to the corresponding quarter last year. Titan attributed the momentum to successful new collections and continued traction in its exchange programmes.
CaratLane posted 22% growth during the quarter to reach around ₹1,066 crore in revenue, while the combined Tanishq, Mia and Zoya businesses grew 48% to ₹16,047 crore.
Titan’s international jewellery business also expanded sharply following the acquisition of a 67% stake in Damas Jewellery. International jewellery revenue surged 174% to around ₹1,081 crore in Q4FY26, supported by double-digit retail growth across the GCC and North America despite geopolitical disruptions in the Middle East.
Ajoy Chawla, Managing Director, Titan Co., commented: “FY26 has been a landmark year for Titan. We had crossed the Rs.50,000 crores annual revenue milestone in FY25 after nearly 40 years. The next Rs.25,000 crores has 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.
“The quarter performance was led by ‘Festival of Diamonds’ with our brands of Tanishq, Mia, Zoya, CaratLane, beYon and Damas striking the right chord with consumers across geographies and age groups.”
The company added 27 net jewellery stores in India during the quarter, including eight Tanishq outlets, 14 Mia stores and five CaratLane stores. Tanishq also opened four new stores in the GCC region, while the Damas acquisition added 123 stores to Titan’s international network.
Tanishq further strengthened its luxury positioning globally by unveiling the “Desert Diamonds” collection in collaboration with designer Rahul Mishra at Paris Couture Week 2026.
Titan’s Q4 Jewellery EBIT Soars 37% To ₹1,820 Crore
