Titan reports strong Q1 growth driven by jewellery sales
after close1 source ↓written by the desknot a recommendation
- in Q1 FY27
- 29% revenue growth
- in jewellery sales
- 30% rise
- jewellery segment surged
- 38.2% YoY
- due to customs
- 14.2%
Titan Company reported 29% revenue growth in Q1 FY27, fueled by a 30% rise in jewellery sales, excluding bullion. The domestic jewellery segment surged 38.2% YoY, with operating margins at 14.2% due to customs duty benefits. Brokerages have raised earnings estimates, reflecting strong investor confidence.
Not investment advice. For informational purposes only.