Titan reported higher-than-estimated Q4FY23 earnings with a standalone net profit of Rs 734 crore, up 50% YoY, and a 33% YoY surge in revenue to Rs 9,704 crore. The future outlook for the company remains mixed, with Phillip Capital maintaining a ‘Buy’ citing the company’s long-term drivers remaining intact, whereas Emkay prefers to remain conservative and hold due to weak macros.