According to estimates from Zee Business, Titan Company is expected to deliver robust financial results for Q2FY27. The company's net profit is projected to grow 32.2% year-on-year to ₹1,330 crore in the September quarter, compared with ₹1,006 crore in the corresponding period last year. Standalone revenue is estimated to rise 16.8% YoY to ₹19,311 crore, up from ₹16,534 crore in Q2FY26. The strong performance is anticipated to be supported by healthy growth across jewellery, watches and eyewear businesses, along with higher other income.
EBITDA is expected to increase 28.3% to ₹2,078 crore from ₹1,620 crore a year ago, with the operating margin projected to expand to 10.8% from 9.8%. The company's board of directors will meet on November 5 to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. As reported by Zee Business, the margin expansion reflects improved operational efficiency across the business segments.
According to Zee Business estimates, domestic sales are estimated to have increased 22% during the quarter, while international sales are projected to have surged 97%. The watches business is estimated to have registered 30% growth, the jewellery business is expected to have grown 21%, and the EyeCare segment is projected to report 28% growth. Like-for-like growth at Tanishq and CaratLane is estimated at around 22%, reflecting continued traction in the jewellery business.
As reported by Zee Business, Titan added 78 new stores during the September quarter, taking its total retail network to 3,758 stores. The company's recent performance in Q1FY27 showed strong momentum, with consolidated net profit increasing 63% YoY to ₹1,777 crore compared with ₹1,091 crore in the year-ago period. Consolidated revenue increased 29% YoY to ₹21,356 crore, while EBITDA rose 58% to ₹2,890 crore, significantly exceeding the estimated ₹2,240 crore. The EBITDA margin expanded to 13.5% from 11.1% a year earlier, ahead of the estimated 10.4%.
