Overview
- Titan's consolidated net profit for Q4 FY25 rose 13% year-on-year to Rs 8.71 billion, with revenue surging 19.7% to Rs 13,477 crore.
- The jewellery segment, including brands like Tanishq and Mia, saw a 25% increase in sales, driven by strong demand for premium jewellery and gold coins.
- Gold coin sales jumped 64% year-on-year, reflecting increased consumer interest in investment-grade bullion despite a 17% rise in gold prices.
- Profit margins slightly contracted to 11.9% from 12.1% a year earlier, attributed to higher bullion costs and the lower profitability of gold coins.
- CEO C. K. Venkataraman will retire by the end of 2025, with jewellery division head Ajoy Chawla set to succeed him.