Titan's Remarkable Growth Journey: A Deep Dive
Titan Company reported a 13% increase in consolidated quarterly profits, driven by strong sales across its divisions, despite a 5% decline in annual profits for FY25. The company saw significant revenue growth across the EyeCare, Fragrance, and Analog Watch sectors, amid international expansion efforts in North America and GCC.
- Country:
- India
Titan Company, a firm under the Tata Group umbrella, posted a notable 13% rise in consolidated profit after tax, reaching Rs 871 crore for the March quarter, largely fueled by robust sales, according to their regulatory filing.
Despite a 5% drop in its annual profit, the company's total income surged to Rs 57,818 crore for FY25, up from Rs 47,501 crore in FY24. Under the leadership of Managing Director C K Venkataraman, Titan's revenue growth remained strong, passing the Rs 50,000 crore milestone for the year, driven by various segments such as Analog Watches and EyeCare.
Looking ahead to FY26, Titan focuses on expanding its market share while maintaining momentum in international markets. The board has announced Ajoy Chawla as the upcoming Managing Director, effective January 2026, succeeding Venkataraman who will retire at the end of 2025.
(With inputs from agencies.)
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