CaratLane, a subsidiary of Titan, reported a 23% year-on-year increase in total income for Q4 FY25, reaching INR 883 Cr.
EBIT for the quarter stood at INR 70 Cr, marking a 35.1% rise from the previous year, with EBIT margin growing to 7.9%.
For the fiscal year FY25, CaratLane's total income surged 24% to INR 3,583 Cr, with EBIT at INR 296 Cr and an EBIT margin of 8.3%.
The company added 17 new stores, recording growth in various product categories and operational efficiencies, competing with brands like Kalyan Jewellers and BlueStone.