Titan Company share price declined up to 2% in morning trades on Wednesday post Q3 Results that were announced on Tuesday post market hours. Do you own it?

For the Q3 quarter, Titan's operational performance lagged estimates. Also, the company's profitability suffered on the back of customs duty changes on gold.

Brokerage firms Macquarie and Goldman Sachs have reiterated their positive stance on Titan Company, maintaining ratings despite a slight miss in EBITDA due to weaker watch margins. The brokerages remain optimistic about Titan’s growth potential,

Titan Company is expected to post a decent Q3 earnings led by strong festive demand and wedding season. While profit may remain flat due to one-time loss, revenue growth is estimated to be 25% YoY driven by strong jewellery sales.

Titan Company reports a slight dip in profit, with strong growth in jewellery and international segments. Optimistic outlook for FY25.

Results: Titan shares are up 10 per cent in 2025 so far against a 2 per cent drop in the BSE Sensex. The Jhunjhunwala family held 5.14 per cent stake in the jewellery maker as on December 31, 2024.

Titan, a Tata Group company, reported a 4.9% year-on-year decline in standalone net profit for Q3 of fiscal 2024-25, totaling ₹990 crore, down from ₹1,040 crore in the previous year.