World · India Bureau
Titan poised for strong Q2 showing on jewellery momentum
Multiple brokerages expect Titan Company to deliver revenue growth of 16-18.8 per cent and profit expansion of up to 26.8 per cent in the second quarter of FY27, driven primarily by strength in its jewellery division.
LSN India ·
Titan Company is anticipated to post robust financial results for the quarter ending September 2024, with consensus estimates pointing to solid top-line and bottom-line expansion. The jewellery segment, the company's largest business vertical, is expected to be the primary growth driver for the quarter, capitalising on seasonal demand and continued market share gains.
Revenue projections from leading brokerages range between 16 and 18.8 per cent year-over-year growth, while profit after tax is forecast to expand by 20 to 26.8 per cent. Some analysts estimate earnings growth could reach as high as 27 per cent, reflecting operational efficiency and improved margins across the portfolio.
The outlook reflects sustained consumer demand for jewellery, particularly during the festive season, alongside steady performance from Titan's watches and accessories businesses. The company's omnichannel retail strategy and digital initiatives are also expected to support growth momentum.
Titan will announce its second-quarter results for FY27 in the coming weeks, providing clarity on actual performance against these bullish projections and offering guidance on full-year prospects.