Titan Company's Q2 FY 2026-27 Quarterly Results

Result Summary

• Titan Company Ltd reported a 0.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 13.8%.
• Its expenses for the quarter were down by 3.4% QoQ and up 6.4% YoY.
• The net profit increased 34.7% QoQ and increased 113.7% YoY.
• The earnings per share (EPS) of Titan Company Ltd stood at 26.96 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

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 Company Ltd is a renowned player in the consumer goods sector, primarily engaged in producing lifestyle products. The company is widely known for its diverse range of products that include watches, jewelry, and eyewear. Titan operates in the retail industry, with a significant presence in the Indian market and expanding footprints globally. The company is a key subsidiary of the Tata Group, which is one of India's largest and most respected conglomerates. Titan has consistently leveraged its brand reputation and innovative product offerings to strengthen its market position. Recent developments for Titan may include expansions in its retail network and product line enhancements, though specific information on such developments is not available in the provided data.

Revenue

During the second quarter of FY27, Titan Company Ltd reported a total income of ₹21,430 crores. This represents a slight decrease of 0.3% from the previous quarter (Q1FY27), where the total income was ₹21,502 crores. However, on a year-over-year basis, there is a notable increase of 13.8% compared to Q2FY26, when the total income stood at ₹18,837 crores. This growth in total income over the year may reflect an improved demand for Titan's products, potentially driven by strategic initiatives or broader market trends. The data indicates that Titan's revenue stream remains robust despite a marginal dip in the quarterly comparison.

Profitability

Titan Company Ltd's profitability has shown significant improvement in Q2FY27. The Profit Before Tax (PBT) is reported at ₹3,001 crores, marking an increase of 23.7% quarter-over-quarter from ₹2,427 crores in Q1FY27. Year-over-year, the PBT has surged by 97.3% from ₹1,521 crores in Q2FY26. The Profit After Tax (PAT) for Q2FY27 stands at ₹2,393 crores, which is a 34.7% increase from the previous quarter and an impressive 113.7% rise compared to the same quarter last year. These figures are reflected in the Earnings Per Share (EPS) of ₹26.96, up from ₹20.02 in Q1FY27 and ₹12.62 in Q2FY26, indicating strong profitability growth over both the quarter and the year.

Operating Metrics

In terms of operating metrics, Titan Company Ltd reported total expenses of ₹18,429 crores in Q2FY27, which is a decrease of 3.4% from the previous quarter's expenses of ₹19,075 crores. Compared to Q2FY26, when total expenses were ₹17,316 crores, there is an increase of 6.4% year-over-year. The company's tax expense for Q2FY27 was ₹607 crores, reflecting a decrease of 6.9% from Q1FY27, but a 51.0% increase from Q2FY26. This indicates that while the company has managed to reduce expenses on a quarterly basis, its tax obligations have risen year-over-year, potentially due to higher profits. The operating performance, as evidenced by these metrics, suggests effective cost management in the face of increasing revenue and profitability.