Titan, Lenskart and Juniper Hotels report higher Q2 profits
Titan, Lenskart and Juniper Hotels all recorded more than double their net profits for the September quarter.
Titan Company Ltd reported a 114 per cent rise in net profit to Rs 2,393 crore for the quarter ended September 30, 2026, according to Moneycontrol. The company's total income reached Rs 21,430 crore, up from Rs 18,837 crore a year ago.
Managing director Ajoy Chawla stated that the quarter saw healthy, broad-based growth, noting that consumer demand held up well despite a shift in the festive calendar. The jewellery portfolio grew 24 per cent to Rs 17,495 crore, while the watches business saw a 27 per cent increase in total income to Rs 1,881 crore.
Lenskart Solutions saw its consolidated net profit jump 122 per cent year-on-year to Rs 227 crore for the September quarter, as reported by Financial Express. This figure exceeded Bloomberg estimates of Rs 208 crore.
Lenskart's revenue from operations rose 35.7 per cent to Rs 2,845 crore. The company added 165 net new stores during the quarter, bringing its total network to 3,624 stores.
Juniper Hotels Limited recorded a 121 per cent increase in net profit to Rs 37.2 crore for the September quarter, according to Business Standard. This compares to Rs 16.8 crore in the same period last year.
Chairman and managing director Arun Kumar Saraf said the performance reflected sustained demand across corporate travel and social events. The company also announced a memorandum of understanding to acquire the 287-room Novotel Imagicaa near Mumbai for approximately Rs 248 crore.