Titan Company Limited has declared a net profit ₹871 crore in the fourth quarter of fiscal year 2024-25, marking a 12.97 per cent increase from Q4 FY24 net profit of ₹771 crore.
Titan, a jewellery-to-watch conglomerate, reported total income of ₹15,032 crore in Q4FY25, up from ₹12,653 crore in the final quarter of the last fiscal year.
"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 ₹50,000+ crore of revenues for the full year. Our Analog Watch business continued its strong growth trajectory by product innovation led premiumization whilst moving in sync with the rising aspirations of the Indian consumer," said C K Venkataraman, managing director of Titan.
CaratLane, the omni-channel jewellery brand, reported a robust quarterly performance with total income rising approximately 23 per cent year-on-year to ₹883 crore in Q4FY25. Revenue from the studded jewellery segment grew around 19 per cent year-on-year (YoY), while all other categories — including gold jewellery and coins — registered a stronger 44 per cent YoY growth in the quarter under review, reflecting shifting consumer preferences amid high gold prices.
CaratLane witnessed a 5 per cent YoY increase in buyers during the Q4 FY25. This growth was accompanied by an 18 per cent rise in average bill value.
On the profitability front, CaratLane posted earnings before interest and taxes (EBIT) of ₹70 crore, translating to a healthy operating margin of 7.9 per cent. The brand continued to expand its retail footprint aggressively, adding 17 new stores across India during the final quarter. With this, CaratLane's total store count now stands at 322 across 139 cities.
"The EyeCare business has returned to the double-digit growth trajectory in Q3 and Q4 of FY25 and is poised for even better growth in FY26. Within Emerging businesses, Fragrances has performed well for FY25 signifying growing acceptance of the SKINN brand. Our International Business expansions are progressing well in North America and GCC regions. As we look forward to FY26, all businesses of Titan Company are focusing on market share expansion in their respective categories and catering to the changing needs of our consumers," Venkataraman added.