Titan Q3 FY26 revenue jumps 43% YoY

Titan Company reported advertising spends of Rs 405 crore in Q3 FY26, up 9.2% year-on-year (YoY) from Rs 371 crore in Q3 FY25, as per its consolidated unaudited financial results for the quarter ended December 31, 2025. On a quarter-on-quarter (QoQ) basis, ad spends were largely flat, marginally down 0.7% from Rs 408 crore in Q2 FY26.

Titan’s consolidated revenue from operations stood at Rs 25,416 crore in Q3 FY26, up 43.3% YoY from Rs 17,740 crore in Q3 FY25. Sequentially, revenue rose 35.7% from Rs 18,725 crore in Q2 FY26.

Total income (including other income) came in at Rs 25,567 crore in Q3 FY26, registering a 43.1% YoY increase from Rs 17,868 crore in Q3 FY25. QoQ, total income grew 35.7% from Rs 18,837 crore in Q2 FY26.

On the profitability front, Titan’s profit after tax (PAT) rose to Rs 1,684 crore in Q3 FY26, up 60.8% YoY from Rs 1,047 crore in Q3 FY25. PAT also climbed 50.4% QoQ from Rs 1,120 crore in Q2 FY26.

Profit before tax (PBT) stood at Rs 2,223 crore in Q3 FY26, up 59.2% YoY from Rs 1,396 crore in Q3 FY25 and higher by 46.1% QoQ from Rs 1,522 crore in Q2 FY26.

Total expenses increased to Rs 23,192 crore in Q3 FY26, up 40.8% YoY from Rs 16,472 crore in Q3 FY25 and 33.9% QoQ from Rs 17,316 crore in Q2 FY26.

Segmental performance

Titan’s segment revenue (including other income) was led by jewellery at Rs 23,492 crore in Q3 FY26, compared to Rs 16,522 crore in Q2 FY26 and Rs 16,134 crore in Q3 FY25.

Watches reported revenue of Rs 1,295 crore in Q3 FY26 (Q2 FY26: Rs 1,477 crore; Q3 FY25: Rs 1,137 crore), while eyewear stood at Rs 231 crore (Q2 FY26: Rs 220 crore; Q3 FY25: Rs 196 crore). The “others” segment reported Rs 457 crore (Q2 FY26: Rs 557 crore; Q3 FY25: Rs 312 crore).