Titan Company Limited — Q3 FY25
Titan delivered a strong Q3 FY25 with broad-based growth across jewelry, watches, and emerging businesses.
✓ Verified against BSE filing
Indian management teams deliver on roughly 12% of specific earnings-call promises. A low score does not indicate dishonesty — it reflects how aspirational forward guidance typically is.
FY25 Jewelry EBIT Margin Guidance Revised to 11-11.5%
Management revised FY25 consolidated jewelry EBIT margin guidance to 11-11.5% from earlier 11.5-12.5%, citing H1 performance and gold mix trends.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1Tanishq Store Additions: 40-50 in FY25
Tanishq added 22 stores in Q2 and 10-11 in October; target of 40-50 net additions for the full year.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1CaratLane Store Additions: ~20 More by March 2025
CaratLane currently at 301 stores; plans to add another 20 stores by end of FY25.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1Mia Store Count Target: 250 by FY25 End
Mia is on track to reach 250 stores by the end of the fiscal year.
Current-quarter commentary contains related risk or weakness, so the promise appears not to have been delivered yet.
heuristic_v1