CaratLane, the omnichannel jewellery retailer backed by Titan Company, has reported a robust performance in the fourth quarter of FY25, clocking Rs 883 crore in revenue—a 23% year-on-year increase from Rs 717 crore in the corresponding period last year.

The company’s earnings before interest and taxes (EBIT) stood at Rs 70 crore for the quarter, reflecting a margin of 7.9%, as disclosed in Titan’s quarterly financial results submitted to the National Stock Exchange (NSE).

CaratLane’s growth was driven by strong performance across categories. Its studded jewellery segment grew by 19%, while gold jewellery, coins, and other product lines surged by 44%. The brand also recorded a 22% rise in online brand searches, signalling growing consumer interest and digital engagement.

Continuing its aggressive retail expansion, CaratLane added 17 new stores in Q4 FY25, taking its total store count to 322 across 139 cities in India. Its international footprint remains unchanged, with one overseas outlet in New Jersey, USA.

For the full fiscal year FY25, CaratLane reported total revenue of Rs 3,583 crore, marking a 24% growth over Rs 2,889 crore in FY24. The company posted an earnings before tax (EBT) of Rs 296 crore for the year, achieving an 8.3% margin.

The performance comes as parent company Titan also reported strong results, with its overall jewellery division—including brands like Tanishq and Mia—growing 25% year-on-year to Rs 11,232 crore in Q4 FY25. Titan’s domestic jewellery segment alone contributed Rs 10,845 crore, showing a 23% increase.

However, CaratLane faces intensifying competition in the direct-to-consumer (D2C) jewellery space, with players like Bluestone, Giva, and Melorra scaling operations. Notably, Bluestone recently secured approval from the Securities and Exchange Board of India (SEBI) for its Rs 1,000 crore initial public offering (IPO), aiming to raise capital via fresh equity issuance.

CaratLane's continued growth trajectory underscores its strengthening position in India’s evolving jewellery market, even as competitive pressures mount.