Titan Q4 Preview: PAT may rise up to 34% on broad-based growth across segments

Titan is expected to deliver strong Q4 results, driven by a favourable base year and robust demand for wedding jewellery. The watches and wearables and emerging business segments also showed strong performance. According to five brokerages, Titan’s profits could grow somewhere between 26% and 34%, while revenue is expected to rise by 25-29%. In Q4, Titan observed healthy, double-digit growth across all major segments. Moreover, the EBITDA margins are expected to expand, aided by strong operating efficiencies.