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Titan recorded a total income of Rs 12,730 crores in Q4FY25, a 22% growth from Q4FY24. Net profit grew 12.9% YoY to Rs 871 crores. The board approved a dividend of Rs 11 per share.
Titan announces Q4 results.
Titan (consolidated) recorded a total income of Rs 12,730 crores, a growth of 22% in Q4FY25 compared to Q4FY24. EBIT grew by 23% YoY to Rs 1,470 crores, while PBT growth was 23% YoY to Rs 1,218 crores. The net profit grew 12.9 per cent YoY to Rs 871 crore in Q4 FY25, against Rs 771 crore in Q4 FY24.
For the full year FY25, the Total Income of Rs 57,818 crores grew 22% over FY24. The EBIT grew 5% to Rs 5,488 crores and the PBT declined by 2% to Rs 4,355 crores, mainly due to the impact of custom duty reduction on gold during the year.
Titan board approved a dividend of Rs 11 per equity share of Rs 1 each of the company which will be paid on or after 7th day from the conclusion of the 41st AGM.
Jewellery (Tanishq, Mia & Zoya)
Total Income for the quarter grew 25% over C14FY24 to R11,232 crores. The domestic India business grew 23% to Rs 10,845 crores during the same period driven by a strong 30% growth in gold jewellery and coins (together) and 12% growth in studded jewellery. Despite a steep increase in gold prices, the studded and gold coin segments saw buyer growths.
Solitaires likewise witnessed a good rebound on the back of good buyer growth, albeit on the lower carat weights. The high gold prices, however, are continuing to weigh on consumer sentiment in the near term. EBIT for the quarter came in at Rs 1,331 crores at a margin of 11.9%.
Watches & Wearables
Business recorded a Total Income of q1,126 crores, up 20% over C14FY24. The domestic India business grew 18% to Rs 1,087 crores during the same period driven by a healthy 18% growth in analog watches. The premium brands of Titan, Raga and international brands (via Helios channel) continued to do well growing in double-digits during the quarter and clocking higher average price realizations than Q4FY24.
Fastrack brand topped the growth charts clocking 44% growth followed by Sonata recording 25% growth (over their respective Q4FY24 numbers). Affordable fashion segments are seeing a resurgence on the back of recent product offerings. EBIT came in at R133 crores clocking a margin of 11.8% for the quarter.
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