Titan’s share price surged to an intraday-day high of Rs 3,227.25, up nearly 7% in early trade on the National Stock Exchange after the company reported a strong pre-quarterly Q4 business update. However, the stock price came off highs in sync with the overall moderation in the market. It is still one of the top gainers and is up nearly 4%.
The company’s domestic jewellery business rose 25% year-on-year on the back of a significant increase in gold prices in 2025. Its gold jewellery and coins increased 27% and 65% YoY with high consumer demand for gold.
ALSO READLIVE: Nifty above 22,400, small and midcaps firm and VIX down 9%; Titan, SBI, Infosys top gainers
“Elevated gold prices resulted in sluggish consumer demand at lower price points leading to single digit buyer growth, while demand at higher price bands sustained resulting in a high double-digit growth in ticket sizes,” read an exchange filing.
Watch business rises 20%
Also, Titan’s domestic watch segment grew 20% YoY. Titan, Fastrack, and Sonata saw a growth of 18% YoY in analogue watches. The retail channels—Helios, Titan World, and Fastrack—saw double-digit growth, with Helios leading the way.
The EyeCare business rose 18% YoY, with Titan Eyeplus showing healthy growth driven by international brands. Titan Eye+ added two new stores in the UAE, however, it closed 11 stores in India.
Caratlane grew 22%
CaratLane grew 22% YoY, with strong demand for its studded portfolio. It achieved a mid-single-digit growth and 11% L2L growth.
ALSO READGodrej Consumer shares surge 2.4%: 3 reasons why Nuvama expects 26% upside Titan Q3 result
The company reported a 5% YoY drop in net profit at Rs 990 crore in Q3 FY25, due to the impact of customs duty reduction on gold. In the same quarter a year ago it posted a net profit of Rs 1,040. Titan’s revenue for the quarter surged 23.3% YoY to Rs 16,097 crore as against Rs 13,052 crore in the correspondent quarter of the last year.
Titan stock performance
The share price of Titan has risen 5% in the last five trading sessions. It has given a return of 4% in the last one month. However, it has fallen 10% in the past six months and over 16% in the previous one year.
» Read More