Titan Company Ltd said its consumer businesses grew about 25 percent year on year in the quarter to 30 September 2026, up from 20 percent growth a year earlier. The figures are provisional and still subject to the auditors’ limited review.
Domestic consumer businesses grew 22 percent. International sales nearly doubled, up 97 percent, largely because Damas Jewellery, in which Titan holds 67 percent, has been counted since January 2026.
Domestic jewellery grew 21 percent, with Tanishq, Mia, Zoya and beYon together up 20 percent. Studded jewellery grew in the low thirties and plain gold by about 20 percent. CaratLane grew 32 percent. Watches rose 30 percent, with analog watches up in the low thirties and smartwatches in the high single digits. EyeCare grew 28 percent, and emerging businesses 21 percent, helped by fragrances growing in the mid thirties.
Titan added 78 net new stores in the quarter, compared with 55 a year earlier, taking its network to 3,758 stores, 3,594 of them in India and 164 abroad. Jewellery added 42 stores and watches 34.
Market Research Outlook: Strong studded jewellery and analog watch growth shows Indian shoppers are still trading up despite high gold prices. Titan’s faster store rollout puts it ahead of the festive and wedding season. Strong growth in fragrances also points to rising demand for premium perfumes within organised retail.
