NSE:TITAN management interview: Will PM Modi’s Gold Appeal Impact Titan? | Q4 Results Decoded | Anil Singhvi With Titan MD
Zee Business, 2026-05-11. Video: https://www.youtube.com/watch?v=YWq57LsTnss
- Financial milestone: Q4 revenue grew 46% year-on-year and profit after tax rose 35%, pushing full-year consolidated turnover to ₹76,000 crore. Growth was led by the jewellery division and supported by strong performances across watches, eyewear, and emerging businesses.
- Gold exchange initiative: Titan is expanding its old-gold exchange program to help mobilize India's estimated 25,000 tons of idle locker and temple gold. Management highlighted that scaling domestic gold recycling across the industry can help reduce foreign exchange outflows from the country's annual 750 tons of gold imports.
- Customer expansion drivers: Buyer volumes increased by approximately 8% in Q4 after remaining flat for nine months, aided by diamond jewellery campaigns targeting sub-₹1 lakh price points. Growth was further driven by strong investment demand for gold coins and customers advancing wedding purchases amid gold price uncertainty.