India's Titan posts profit surge on strong jewellery demand
07/08/2026 11:33
India's Titan posts profit surge on strong jewellery demand Aug 7 (Reuters) - India's Titan TITN.NS posted a 63% increase in quarterly profit on Friday on strong demand for gold ornaments and coins as well as higher store footfalls, thanks in part to largely stable bullion prices.
Titan, home to Tanishq and CaratLane jewellery brands, said profit stood at 17.77 billion rupees ($186.64 million) for the first quarter ended June 30, compared to 10.91 billion rupees a year earlier.
($1 = 95.2075 Indian rupees)
(Reporting by Praveen Paramasivam in Chennai; Editing by Janane Venkatraman)
((Praveen.Paramasivam@thomsonreuters.com; +91 867-525-3569;))
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