Titan Q3 Results Preview: Exceptional loss to curtail profit, but strong sales growth expected

Titan is expected to report 24% YoY growth in standalone jewelry sales for Q3FY25, driven by strong demand in gold jewelry and the wedding season. Despite this, a one-time inventory loss is anticipated, impacting profitability. The companys jewelry EBIT margin is projected to decline slightly, while growth in the watches and eyewear segments remains strong.