Titan

500114 · BSE · INR

₹4,535.00

Close · October 1, 2026

At a glance

Revenue growth: +26.78%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +40.55%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 16.2%; FY to Mar 2025: 14.7%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	213,560	269,200	254,160	187,250	165,230	149,160	177,400	145,340	132,660	124,940	141,640	125,290
Cost of revenue	159,490	224,500	203,870	147,090	128,110	115,700	140,830	115,220	103,360	97,630	108,700	95,990
Gross profit	54,070	44,700	50,290	40,160	37,120	33,460	36,570	30,120	29,300	27,310	32,940	29,300
Selling, general and administrative	12,400	12,930	10,510	10,240	9,190	9,170	9,260	8,460	8,130	7,890	8,180	7,310
Operating income	26,340	17,110	25,060	16,860	16,460	13,610	14,990	10,650	10,830	10,390	14,110	12,670
EBIT	26,340	17,110	25,060	16,860	16,460	13,610	14,990	10,650	10,830	10,390	14,110	12,670
EBITDA	27,183	17,953	25,740	18,725	17,140	14,290	15,568	12,325	11,408	10,968	14,523	14,030
Interest expense	3,530	3,500	2,820	2,770	2,710	2,520	2,310	2,400	2,300	2,010	1,690	1,400
Pre-tax income	24,290	15,760	22,230	15,220	14,800	12,180	13,960	9,480	9,730	9,910	13,780	12,520
Income tax	6,520	3,980	5,390	4,020	3,890	3,470	3,490	2,440	2,580	2,200	3,250	3,360
Net income	17,770	11,780	16,840	11,200	10,910	8,710	10,470	7,040	7,150	7,710	10,530	9,150
Net income to common shareholders	17,770	11,780	16,840	11,200	10,910	8,710	10,470	7,040	7,150	7,710	10,530	9,150
Basic EPS	20.03	13.27	18.98	12.63	12.30	9.82	11.80	7.94	8.06	8.70	11.91	10.31
Diluted EPS	20.02	13.26	18.97	12.62	12.30	9.82	11.80	7.93	8.06	8.69	11.90	10.31
Average shares (basic)	887	888	887	887	887	887	887	887	887	886	884	887
Average shares (diluted)	888	888	888	887	887	887	887	888	887	887	885	887
Dividend per share	—	15.00	—	—	—	11.00	—	—	—	11.00	—	—