Jewellery and watch maker Titan on Monday reported a 59.1% year-on-year rise in consolidated net profit to Rs 1,120 crore for the quarter ended September 30, 2025 (Q2FY26), as a steep rise in gold prices lifted the firm’s bottomline. The profit number was ahead of street estimates of Rs 1,079 crore forecast for the period.

Q2 consolidated revenue came in at Rs 18,725 crore, which was a growth of nearly 29% versus last year. Q2 topline was also ahead of street estimates, which had pegged the number at Rs 15,955 crore for the period. Ebitda grew 51.7% year-on-year to Rs 1,875 crore versus a forecast of Rs 1,733 for the period. While Ebitda margins grew 150 basis points to 10% in the quarter under review versus 8.5% reported last year. One basis point is one-hundredth of a percentage point

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