Quarterly Updates6 Jan 2026, 08:52 pm
Titan Company's Consumer Businesses Register 40% YoY Growth in Q3FY26
AI Summary
Titan Company's consumer businesses have shown a robust growth of 40% YoY in Q3FY26. The company added 56 stores (net) during the quarter, expanding its retail network presence to 3,433 stores. The jewellery portfolio, driven by a vibrant festive demand, clocked a 41% YoY growth. The watches division also showed a growth of 13% YoY. The international business, primarily comprising of jewellery, grew 81% YoY. The company launched 'beYon', its lab-grown diamond jewellery brand, and opened 2 new stores in the NA market.
Key Highlights
- Titan Company's consumer businesses registered a growth of c.40% YoY in Q3FY26.
- 56 stores (net) were added during the quarter, expanding Titan’s combined retail network presence to 3,433 stores.
- Jewellery portfolio clocked a robust c.41% YoY growth, driven by substantial average selling price (‘ASP’) increases.
- Watches division showed a growth of c.13% YoY, led by analog watches recording a healthy festive performance.
- International businesses, primarily comprising of jewellery, grew c.81% YoY led by robust performance in all the markets of GCC, Singapore and North America (NA).