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Titan Revenue History — Quarter by Quarter

Titan's revenue moved from ₹11,897 Cr in Q1 FY24 to ₹26,920 Cr in Q4 FY26, a 126.3% change over 12 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

QuarterRevenue (₹ Cr)YoY Change
Q4 FY26₹26,920 Cr—
Q3 FY26₹25,416 Cr—
Q2 FY26₹18,725 Cr—
Q1 FY26₹16,523 Cr—
Q4 FY25₹14,916 Cr—
Q3 FY25₹17,740 Cr—
Q2 FY25₹14,534 Cr—
Q1 FY25₹13,266 Cr—
Q4 FY24₹12,494 Cr+17%
Q3 FY24₹14,164 Cr—
Q2 FY24₹12,529 Cr—
Q1 FY24₹11,897 Cr—

What management said about revenue

G

Q4 FY26 · Medium-term revenue growth of 15-20% CAGR

Management reiterated 15-20% revenue growth for jewelry over a 3-5 year horizon, driven by formalization and brand strength.

G

Q4 FY26 · Investor Day in June first week

Management plans to provide more detailed margin and growth guidance at the investor day scheduled for June first week.

G

Q2 FY26 · Eyecare division targets 13-14% growth for FY26

Eyecare division expects to close FY26 with 13-14% revenue growth, driven by omnichannel and brand investments.

G

Q1 FY26 · International jewelry business to grow, GCC expansion underway

International jewelry (US, GCC) is becoming a larger share; GCC entry via new investment will scale up, targeting ~6% of company sales.

G

Q4 FY25 · Healthy double-digit jewelry revenue growth in FY26

Management targets high double-digit growth, driven by ticket size or buyer growth, with positive tailwinds from wedding season, tax benefits, and infrastructure spending.

G

Q4 FY25 · Tanishq store expansion: 40-50 new stores in FY26

Plus 50-60 store renovations/relocations to drive growth in existing catchments.

G

Q4 FY24 · Aggressive growth target for jewelry in FY25

Management aims for aggressive growth in jewelry, though declined to specify a number; 20% growth was implied as a benchmark.

G

Q4 FY24 · Wearables pricing pressure expected to ease by H2 FY25

Suparna Mitra expects excess inventory-driven discounting in wearables to settle in 3-4 months, with new launches from May onwards supporting pricing.

G

Q3 FY24 · Jewelry 20% CAGR aspiration intact

Management confirmed the FY27 jewelry revenue CAGR target of 20% remains unchanged, with YTD growth already in that range.

G

Q2 FY24 · CaratLane EBIT margins to improve over 2-3 quarters

Management expects CaratLane's margins to recover as growth normalizes and fixed cost leverage improves.

G

Q1 FY24 · Revenue growth to outpace earnings growth in FY24

Management indicated that revenue growth will likely be higher than earnings growth this year due to margin normalization.