Titan Company Q1FY27: Consumer Businesses Grow 41%, Adds 77 Stores
Titan Company Ltd has released its Q1 FY27 quarterly update, reporting a robust 41% year-on-year growth in its Consumer Businesses, reaching a total retail network of 3,680 stores with a net addition of 77 stores during the quarter. The Jewellery division saw a significant 39% YoY growth, driven by strong festive and Akshaya Tritiya demand, with buyer growth in early double-digits and average ticket sizes in high double-digits. Watches and EyeCare divisions also posted healthy growth of 23% each. Emerging businesses grew by 19%. International business experienced a substantial 128% growth, bolstered by Tanishq, Mia, and CaratLane's performance in North America and GCC, alongside a gradual recovery in the Damas business. The data is provisional and subject to limited review.
Key Highlights
- Consumer Businesses grew 41% YoY in Q1 FY27.
- Total retail network expanded to 3,680 stores with 77 net additions.
- Jewellery division achieved 39% YoY growth driven by festive demand.
- International business saw a significant 128% YoY growth.
- Provisional data is subject to limited review by auditors.
Price Impact
More from TITAN