Titan reported its best-ever Q4 top-line growth, with all businesses performing well and brands enhancing visibility.
Management discussed gold sourcing stability, a ₹120 crore special employee reward, and a transfer pricing adjustment affecting standalone profitability.
Jewellery division saw an 8% buyer growth resurgence in Q4, driven by gold price increases and successful exchange campaigns.
The company provided a medium-term revenue growth guidance of 15-20% for its jewellery business and plans an Investor Day in June.