3 weeks ago
Titan sees positive July momentum, on track for FY30 targets
Titan is a big company in India that makes jewellery, watches, glasses, and other products.
The boss of the company, Ajoy Chawla, says the business is doing very well.
People are buying a lot of Titan products, especially jewellery.
In the first part of the new financial year, the company earned much more money than before.
The company believes it can grow even faster than it promised investors.
Sometimes the price of gold changes, and that affects how people shop.
When gold prices stay steady, people feel more confident about buying.
To help customers, Titan is making lighter jewellery and offering exchange programs.
The company hopes to double its revenue and profit by the year 2030.
Titan MD Ajoy Chawla said growth momentum from Q1 continued into July, keeping the company on track to beat its FY30 growth targets.
Titan reported 40.3% revenue growth to ₹20,787 crore and a 62.87% profit increase to ₹1,777 crore in Q1 FY27.
This marks the third successive quarter of over 40% revenue growth for the Tata Group-managed company.
The jewellery business, contributing around 90% of topline, remains committed to healthy double-digit value growth.
Titan cited a resurgence in studded jewellery demand since Q4 of last fiscal, with rising buyer growth continuing into Q1.
- Who
- Titan Company, led by Managing Director Ajoy Chawla
- What
- Reported strong Q1 FY27 results and positive growth momentum continuing into July, on track to beat FY30 targets
- Where
- India, Titan's primary domestic market
- When
- June quarter of FY27, with remarks published on August 9, 2026
- Why
- Strong jewellery business performance, a resurgence in studded jewellery demand, and broad-based buyer growth
Key facts
- Company
- Titan Company Ltd
- Managing Director
- Ajoy Chawla
- Q1 FY27 Revenue
- ₹20,787 crore (40.3% growth)
- Q1 FY27 Profit
- ₹1,777 crore (62.87% growth)
- Jewellery share of topline
- Around 90%
- Growth streak
- Third consecutive quarter of over 40% revenue growth
- FY30 target
- Double consolidated revenue and EBIT versus FY26 base
- Report date
- August 9, 2026
Quotes
Ajoy Chawla
Managing Director of Titan Company Ltd
“"We think we are on trajectory for delivering the kind of growth that we had promised on the Investor Day, and we hope that we can, in fact, better it in the current year because we have started very well."”
thehindubusinessline.com
Sources
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