India's Titan posts quarterly profit jump on high gold prices

Titan

10/02/2026 11:40

Feb 10 (Reuters) - Indian jeweller and watchmaker Titan TITN.NS reported a higher third-quarter profit on Tuesday, buoyed by a rise in the average selling price for its gold jewellery and strong demand during the festive season.

Titan, home to Tanishq and CaratLane jewellery brands, said profit rose nearly 61% to 16.84 billion rupees ($186.04 million) for the quarter ended December 31, from 10.47 billion rupees a year ago.

($1 = 90.5180 Indian rupees)

 (Reporting by Komal Salecha in Bengaluru)

 ((Komal@thomsonreuters.com;))