Titan Company Q2FY27 Update: Consumer Biz Grows 25%, Jewellery Up 21%

Titan Company Ltd reported a quarterly update for Q2 FY27, showcasing robust growth across its consumer businesses. The overall consumer segment registered a 25% year-on-year (YoY) growth, with the Jewellery division leading at 21% YoY. This growth was driven by healthy consumer demand, particularly in studded jewellery, which saw early thirties growth, while plain gold jewellery grew around 20% YoY. The Watches segment also performed strongly with a 30% YoY growth, benefiting from premiumization trends. EyeCare division delivered a 28% YoY growth, and Emerging Businesses grew 21% YoY. The company expanded its retail network by adding a net of 78 stores during the quarter, bringing the total to 3,758 stores. International business saw a significant 97% YoY growth, partly due to the consolidation of Damas Jewellery.