Titan shares drop 6% despite 35% profit growth as analysts flag overseas losses

Jewellery roared 50% but foreign losses hit the bottom line

Titan reported a strong Q4FY26 with 35% net profit growth and a 50% surge in jewellery sales, yet shares slid around 6%. The drag came from international business losses that outweighed the domestic momentum. Even so, most brokerages stayed positive, keeping Buy or Overweight calls and lifting price targets on the long-term jewellery outlook.