India, Feb. 10 -- Titan Company-owned jewellery brand CaratLane has reported a revenue of Rs.1,537 Cr for the third quarter of the current financial year (Q3FY26), up 42% from Rs.1,117 reported in the same quarter previous year. On a sequential basis, revenue grew 43% from Rs.1,072 Cr.
The brand's EBIT (earnings before interest and taxes) grew about 53% to INR 200 Cr from INR 109 Cr in Q3 FY25. EBIT margin grew 287 bps to 13% from 10.1% in the year-ago quarter.
Titan noted that its jewellery portfolio, which includes CaratLane, delivered an overall "blockbuster" quarter, elevated by a festive season boost to sales. The company attributed the robust growth across its jewelry catalogue to strong exchange programme, wedding demand, festive...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.