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Titan Q1 update: Business grows 41% as jewellery, watches sales gain pace

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Titan Q1 update: Business grows 41% as jewellery, watches sales gain pace
Titan Company said its consumer businesses grew about 41% year-on-year in the June quarter, helped by strong jewellery demand, store expansion and a sharp rise in its international business. The Tata Group company added 77 stores on a net basis during Q1FY27, taking its total retail network to 3,680 stores as of June 2026. The numbers are provisional and subject to limited review by the company’s statutory auditors, Titan said in its quarterly update filed with the exchanges.

Titan’s domestic business grew 37% during the quarter and had 3,517 stores at the end of June. Jewellery remained the main growth driver, with the segment reporting 39% year-on-year growth. The company said demand was helped by healthy festive buying and Akshaya Tritiya sales during the quarter.

Also Read: Trent Q1 Update: Standalone revenue rises 19%, driven by Zudio expansion

The jewellery business added 33 stores on a net basis, taking its total count to 1,227 stores. Within jewellery, Tanishq, Mia, Zoya and beYon together grew 39%, while CaratLane grew 42%. Titan said relatively stable gold prices helped buyer growth, which came in early double digits. Average ticket size grew in high double digits.

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The company said plain and studded jewellery categories each grew in the mid-thirties. Coins also continued to see strong double-digit growth, supported by investment-led demand.


Titan’s watches business grew 23% year-on-year and added 34 stores during the quarter, taking its total store count to 1,345. Analog watches led the segment, supported by premiumisation trends, and grew in the high twenties. However, the smartwatches business declined in the low teens.
EyeCare also grew 23%, with broad-based momentum across owned and international brands. Titan said growth in the segment was helped by calibrated marketing spends, multi-pair and multi-category consumer offers, and premiumisation. EyeCare added seven stores during the quarter, taking its total to 847 stores.Emerging businesses grew 19% in Q1FY27. Within this portfolio, fragrances grew in the mid-teens, women’s bags recorded strong double-digit growth, and Taneira posted low single-digit growth. The company added two stores in this segment, taking the total to 98.

Titan’s international business posted the sharpest growth at 128%, though on a smaller base. The segment had 163 stores as of June 2026. The international business includes Damas Jewellery, which was consolidated into Titan from January 2026.

The company said the jewellery business of Tanishq, Mia and CaratLane saw strong traction in North America and encouraging double-digit growth in the GCC. It added that despite geopolitical volatility, the core Damas business is seeing a gradual recovery across key parameters.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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Consumer goods prices to rise as fuel costs hit transport

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Consumer goods prices to rise as fuel costs hit transport

WA’s transport industry has warned consumers to brace for higher prices as rising fuel costs get passed on to businesses.The federal government’s fuel excise introduced three months ago to ease price hikes caused by conflict in the Arab Gulf comes to an end on Monday.

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Industrial Logistics Properties Trust 2026 Q2 – Results – Earnings Call Presentation (NASDAQ:ILPT) 2026-08-02

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

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Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Micron: High Risk, High Reward

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Micron: High Risk, High Reward

Micron: High Risk, High Reward

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UK hiring falls but demand for AI skills jumps, job site Indeed says

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UK hiring falls but demand for AI skills jumps, job site Indeed says

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Toyota expected to post fifth straight profit drop, investors weigh Japan quake fallout

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Toyota expected to post fifth straight profit drop, investors weigh Japan quake fallout

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St. James’s Place plc 2026 Q2 – Results – Earnings Call Presentation (OTCMKTS:STJPF) 2026-08-02

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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Japan confirms joint FX intervention with U.S., says won’t hesitate for more

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Japan confirms joint FX intervention with U.S., says won’t hesitate for more

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European Stocks Rise. AI Trading Frenzy Takes a Breather for Presidents Day

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The change that may help you get a mortgage as a first-time buyer

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A mother and son pose for a selfie. They are both smiling with the tops of their heads touching. They are standing on a viewpoint, with a canopy of trees and an ocean view far below them.

Reckless mortgage lending was blamed for the financial crisis of 2008, which brought some banks to their knees and saw people lose their homes.

In 2014, the business secretary of the time, Vince Cable, said he was appalled that some mortgage providers were lending five times a mortgage applicant’s income, suggesting a stable level was up to 3.5 times.

But house prices have risen significantly since, outstripping wage rises most of the time. So a bigger loan has become the only option for many potential buyers.

Regulation limited how much lenders were able to lend – technically, only 15% of their new mortgages could be at higher than 4.5 times loan-to-income. Many of the big lenders played it very safe meaning they didn’t get close to the limit.

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Oki Electric Industry Co., Ltd. 2027 Q1 – Results – Earnings Call Presentation (OTCMKTS:OKIEY) 2026-08-02

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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