The company continues to see encouraging momentum in consumer demand, especially around the wedding purchases
Titan, a jewellery and watchmaking major, has marked a 12.9 per cent growth on a year-on-year (YoY) basis in its net profit in the fourth quarter of the fiscal year 2025 (Q4FY25). The company’s consolidated net profit rose to Rs 871 crore in Q4FY25 from Rs 771 crore in Q4FY24.
The total income grew to Rs 14,049 crore in Q4FY25 from Rs 11,472 crore in the corresponding period of the previous fiscal (Q4FY24), the company stated in an exchange filing, adding that the total income excludes bullion sales in all periods.
“We witnessed robust growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter,” stated Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India.
While the total income marked an uptick, the total expenses also rose to Rs 13,814 crore in the recently concluded quarter from Rs 11,662 crore in Q4FY24. On a full-year basis, the net profit dipped to Rs 3,337 crore in FY25 from Rs 3,496 crore in FY24. The total income grew to Rs 57,818 crore in FY25 from Rs 47,501 crore in FY24.
The Board of Directors has recommended a dividend of Rs 11 per equity share of Rs 1 each which shall be paid or dispatched on or after the seventh day from the conclusion of the 41st Annual General Meeting (AGM).
The jewellery business of the company saw an increase in total income which grew 25 per cent over Q4FY24 to Rs 11,232 crore. The domestic India business grew 23 per cent to Rs 10,845 crore during the same period driven by a strong 30 per cent growth in gold jewellery and coins (together) and 12 per cent growth in studded jewellery.
“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 per cent revenue growth resulting in the company crossing the impressive milestone of over Rs 50,000 crore of revenues for the full year,” stated C K Venkataraman, Managing Director, Titan.
In the watches and wearables segment, business recorded a total income of Rs 1,126 crore, up 20 per cent over Q4FY24. The domestic India business grew 18 per cent to Rs 1,087 crore during the same period driven by a healthy 18 per cent growth in analog watches. The premium brands of Titan, Xylys, Raga and international brands (via Helios channel) continued to do well growing in double-digits during the quarter.
The company’s eyecare division recorded a total income growth of 16 per cent to Rs192 crore in Q4FY25. The Emerging businesses comprising of Indian dress wear (Taneira), fragrances, fashion accessories (F&FA) recorded a total income of Rs 102 crore for Q4FY25 growing five per cent over Q4FY24.
