Brands
Titan Q3 Results: Net profit rises to 9 per cent to Rs 1040 crore
Mumbai: The Titan Company announced its quarter 3 results on Thursday. In the financial year 2023-2024, profit rose to Rs 1053 crore, up 16.5 per cent compared to last year 2022-2023, Rs 904 crore. The company reported nine per cent YoY growth in Q3 results. Revenue figure increased from operations at Rs 13052 crore in this quarter which was Rs 10875 crore earlier. EBIT (Earnings before interest and tax) increased 11 per cent year on year basis at Rs 1478 crore, previously in the last financial year it was Rs 1328 crore. EBIT margin also declined by 116 points YoY (Year on Year) basis to 11.3 per cent. At the same time income from the Jewellery business rose 23 per cent to Rs 11709.
Tanishq’s jewellery segment reported total income for Q3 FY24 at Rs 11709, whereas it grew by 23 per cent compared to Q3 FY23. The growth is estimated to be high due to the festive season. The watches and wearable business records a total income of Rs 982 crore. It also scales up to 21 per cent compared to last year. Total revenue for the analog watch business reported Rs 810 crore. Titan’s eye care business segment recorded a total income of Rs 167 crore down by 4 per cent compared to the last financial year. Emerging businesses reported an Rs 112 crore net profit for the financial year 2023-2024. Taneira sales grew 61 per cent compared to FY 23.
Cartlane total income increased by 32 per cent worth Rs 893 crore in the last December quarter. EBIT came to Ra 82 crore with a margin of 9.2 per cent. Titan engineering and automation revenue rose 61 per cent YoY to Rs 202 crore.
Brands
Uniqlo India signs Jasprit Bumrah as brand endorser
Cricketing star fronts new LifeWear campaign highlighting comfort and simplicity.
MUMBAI: Jasprit Bumrah just bowled a perfect yorker into fashion because when the fastest bowler in the world picks Uniqlo, even off-field style gets a pace attack. Uniqlo India has roped in Indian cricket icon Jasprit Bumrah as its brand endorser, kicking off the partnership with a fresh campaign that brings the brand’s LifeWear philosophy to life, clothing engineered for simplicity, quality and effortless comfort in daily routines.
The 30-second film shows Bumrah in relaxed, everyday moments away from the crease highlighting how the AIRism Oversized T-shirt slips seamlessly into his off-field life. The narrative quietly mirrors his journey as a fast bowler, built on consistency, instinct and the kind of fit that feels right from the first wear and only gets better with time.
Jasprit Bumrah said, “In my day-to-day life, I prefer clothing that feels comfortable and effortless, especially when I’m spending time off the field. That’s why I’m happy to be partnering with Uniqlo, the brand’s approach to everyday clothing feels like a natural extension to my personal style.”
Uniqlo India marketing director Nidhi Rastogi added, “We are proud to partner with cricket world champion Jasprit Bumrah and welcome him to the Uniqlo family. His focus on excellence, authenticity and quiet confidence reflects the essence of Uniqlo’s LifeWear philosophy.”
The campaign is now live across digital channels, social media, in-store displays and outdoor platforms, with the film and imagery rolling out alongside the announcement.
In a world where pace often means rushing, Bumrah and Uniqlo are reminding everyone that the best things in life and on the body come from calm, consistent comfort that simply shows up every day and gets the job done.
