Titan Company Limited reported strong consolidated growth in Q2 FY27 and held jewellery margin guidance around 11%. Customs duty gains were ₹490 crores for Titan Jewellery and ₹46 crores for CaratLane, while the Damas liability fell by ₹671 crores.

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Titan Company Limited's Q2 FY27 Earnings Conference Call. We have seen fantastic growth at a consolidated level across most of our brands and businesses this quarter also saw a good amount of customs duty gain, which is estimated at ₹490 crores for quarter two in Titan Jewellery division and ₹46 crores in CaratLane. One thing I will add to Arun's point, and while some of you suggest us that should we relook at our margin guidance, and we keep saying that, no, we want to keep it anchored around 11% the reassessed liability is less by ₹671 crores. Open the document at this passage

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