Titan Q1 Net Profit Surges 65% to ₹1,699 Crore

Titan Company reported a robust 65% increase in net profit to ₹1,699 crore for the first quarter, significantly outperforming market analyst estimates.

The company's revenue also saw a strong growth of 24%, primarily driven by the sustained performance of its jewellery division during the quarter.

Despite the positive results, the stock experienced some valuation-related pressure, highlighting investor focus on long-term growth sustainability in the luxury retail sector.