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Titan jewellery revenue rises 38% as brokerages flag mixed Q1FY27 consumer signals
Brokerages reviewed Q1FY27 performance and outlooks for Indian consumer-facing companies. Titan reported strong jewellery growth despite gold-price volatility; Godrej Consumer faced India margin pressure from input inflation; Ola Electric remained pressured by weak volumes and cash burn; Delhivery’s margins are expected to recover.
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Reported figures
From the report. Source details below
| Titan normalized jewellery EBIT margin was | 10.9% |
|---|---|
| Titan buyer growth was 5% and studded jewellery growth was | 34% YoY |
| GCPL India underlying volume growth was | 7% |
| GCPL India gross margin declined | about 260 bps YoY |
| Ola Electric Q1 revenue fell | 45% YoY |
| Delhivery target prices: | Rs 500-Rs 590 |
The source
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