Titan Company Ltd News

Titan likely to pay more to source gold from bullion banks as supply falls

Jewellers such as Titan, which owns the Tanishq and CaratLane brands, lease gold from bullion banks, which import the metal, to avoid inventory risks due to fluctuation in prices

Weak margin in Q3 show drags Titan share price 4%; analysts weigh in

The primary concern weighing on the Titan share was weaker-than-expected margin in Q3 results, analysts said

Titan net profit largely flat in Q3 FY25 due to cut in customs duty

Sequentially, its net profit rose by 48.7 per cent, while its revenue was up 22.1 per cent

Titan Q3FY25 results: Net profit falls to Rs 1,047 crore, sales up 26%

The company reported a profit of Rs 1,047 crore ($120.23 million) in the quarter ended Dec. 31, compared to Rs 1,053 crore a year ago

Q3 results Feb 4: Asian Paints and Titan among 130 to post earnings today

Q3FY25 company results today, February 4: Godrej Properties, Whirlpool of India, Happiest Minds Technologies, Hikal, and Infibeam Avenues will release their reports for the Oct-Dec 2024 quarter

Nifty bias improves; analysts expect further gains above 23,200

In the derivatives segment, Crompton Greaves, Titan and HDFC Bank saw over 90 per cent rollovers on Wednesday. The Nifty Put-Call-Ratio rose above 1, with FIIs cutting down some of their short bets.

Titan's bag division eyes Rs 1,000 cr revenue by FY27, plans expansion

Tata Group firm Titan Company Ltd inaugurated its first exclusive brand store, IRTH, under its expansion plans in Chennai and aims to achieve a revenue target of Rs 1,000 crore by FY2027 from its IRTH and Fastrack bags business divisions, a top official said on Wednesday. The company plans to open 100 stores across the country by FY2027, showcasing its commitment to providing customers with best-in-class products and services. The exclusive IRTH store, part of the House of Titan, was inaugurated at Phoenix Market City, Velachery, marking a significant step in IRTH's strategic expansion into South India. IRTH bags are designed for women, created with a deeper understanding of their needs, offering premium quality at an affordable price. The product portfolio includes handbags, totes, shoulder bags, handhelds, slings, cross-body bags, and wallets, among others. Commenting on the occasion, Titan Company Ltd CEO of the Fragrance and Accessories division, Manish Gupta, said, "We are ..

Titan estimates 24% rise in Q3 revenue on booming jewellery demand

Strong consumer traction during the festive season translated into high single-digit percentage buyer growth in the jewellery segment, said Titan

Titan extends gain post Q3 business update; stock rallies over 8% in 3 days

A robust consumer traction during Diwali translated into high single-digit buyer growth along with double-digit ticket size growth

Titan rallies 6% in 2 days ahead of December quarter business update

Titan share price had underperformed the market and recorded negative returns of 11 per cent in the previous calendar year 2024, the first time it has done so in the past eight years

Premiumisation, retail trends to drive Titan's expansion strategy

Company plans six Helios Luxe stores in FY25, grow them to 35 in two stores

Tanishq to set up De Beers equipment to increase consumer confidence

Ajoy Chawla, CEO, Jewellery Division, Titan Company, said the goal is to give consumer confidence and also to grow the diamond market

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Titan slips 4%, nears 52-week low on margin disappointments in Q2

The consolidated profit before tax was lower by 24 per cent YoY at Rs 948 crore mainly due to impact of custom duty reduction

Titan Q2FY25 results: Net profit down 23% due to cut in customs duty

Its revenue from operations grew 25.8 per cent at Rs 13,473 crore in the quarter over last year while its net profit stood at Rs 704 crore

Titan Q2 results: Net profit down 23% at Rs 704 cr, sales up 25.8%

Total expenses of Titan increased 20.23 per cent to Rs 13,709 crore in the June quarter

Q2 results today: Titan, Mazagon, and Dr Reddy's among 63 to post earnings

Q2 results today, November 5: GAIL India, Oil India, Merger Paints, Mankind Pharma, and Saregama will be releasing their earnings report for the July-September quarter on Nov 5

Noel's appointment as Tata Trusts' chair signals continuity, BAU: Analysts

Noel is the half-brother of the late Ratan Tata, and was already a key trustee of the Sir Dorabji Tata Trust and the Sir Ratan Tata Trust

Long-term investors likely to use the dip to 'accumulate' Titan's stock

Titan beat growth expectations across most segments and this led to likely earnings upgrades for FY25 to the tune of 4-5%

Why did Titan shares tumble 3% despite stellar Q2 business report?

Titan share price dropped despite the company reporting robust business performance for the September quarter (Q2FY25).