Titan Company Ltd.'s stock jumped nearly 7% on Friday after the company posted a surge in its fourth quarter net profit and revenue for the financial year 2026.
Titan Company announced its January-March quarter results for fiscal 2025-26 (Q4FY26) on May 8, reporting a rise of 35% in consolidated net profit to Rs 1,179 crore, compared to Rs 871 crore in the corresponding period last year.
The surge in bottom line came as higher costs overcame demand for gold ornaments and coins. India's top jeweller's top line or revenue from operations in the March quarter of FY26 nearly doubled and surged 80% to Rs 26,920 crore, compared to Rs 14,916 crore in the year-ago period.
Moreover the company also declared a final dividend of Rs 15 per share.
ALSO READ: Titan Q4 Results: Net Profit Rises 35% To Rs 1,179 Crore, Dividend Declared
Titan Share Price
The stock went as high as 6.91% to Rs 4,605 apiece on the NSE after the results were declared. As of 3 p.m. they pared some gains to trade 5.82% higher at Rs 4,558 apiece. This compares to a 0.39% decline in the Nifty index.
The shares have risen 11.85% year-to-date and 34.60% in the last 12 months. Out of the 37 analysts tracking the company, 28 have a 'buy' call on its stock, six suggest holding the stock, while three recommend selling it.
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