Titan's new Automatics Collection watches.
Credit: Titan
Bengaluru: Titan Company, on Thursday, reported around 13% jump in its consolidated profit at Rs 871 crore in the January-March 2025 quarter (Q4FY25) as compared to Rs 771 crore in the same period last year, on the back of growing premiumisation trend lifting the sales of its jewellery and gold coins despite volatile prices.
The Bengaluru-headquartered company however reported a contraction in its profit margins by 53 basis points (bps) on a year-on-year basis at 6.2% in Q4Fy25 as compared to 6.7% in Q4FY24.
“While FY25 was marked by multiple external events that had varying impacts on the businesses in general, Titan’s businesses clocked yet another year of strong 22% revenue growth. As we look forward to FY26, all businesses of Titan Company are focusing on market share expansion in their respective categories and catering to the changing needs of our consumers,” said Managing Director CK Venkataraman.
As per data by Reuters, gold prices rose nearly 17% in the reporting period as 10 grams of 24-carat gold crossed Rs 90,000 by the end of March.
The board of directors of the company also approved the succession of Ajoy Chawla, current Chief Executive Officer (CEO) of Titan’s jewellery division, as the successor of present CK Venkataraman with effect from 1st January 2026.
The company’s mainstream jewellery business which includes brands like Tanishq, Mia and Caratlane posted a 25% rise in income for the fourth quarter to Rs 11,232 crores. Its watch and wearables division, the second largest business, reported a 20% rise in revenue at Rs 1,126 crores for the quarter ended March 31, 2025.