StocksMedium•5 November 2026•
1 min read
Titan Q2 Profit Beats Estimates Despite Revenue Miss
Key Facts
1Titan reported Q2 revenue of ₹20,614 crore, missing the consensus estimate of ₹22,453 crore.
2Net profit reached ₹2,393 crore, beating expectations due to a ₹671 crore non-operational gain from revaluing a liability.
3Excluding one-off gains, net profit rose 54% year-on-year to ₹1,722 crore.
Titan reported Q2 2026 revenue of ₹20,614 crore, missing the consensus analyst estimate of ₹22,453 crore according to Livemint. However, net profit reached ₹2,393 crore, exceeding expectations due to a ₹671 crore non-operational gain resulting from the revaluation of a liability related to the Damas acquisition.
Excluding one-off gains, net profit rose 54% year-on-year to ₹1,722 crore, while the watches division grew 27% to ₹1,881 crore. The company noted that its India business grew 21%, and international jewellery revenue surged 105% to ₹1,152 crore during the period ending September 2026.