Stories
Titan Anticipates Over 20 Percent Jewellery Growth This Festive Season
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CNBC TV18•08-10-2026, 12:41
Titan Anticipates Over 20 Percent Jewellery Growth This Festive Season
- •Titan Company reported a 22 percent domestic revenue growth in the July-September quarter of 2026, driven by strong market demand.
- •Managing Director Ajoy Chawla expects core jewellery growth to exceed 20 percent during the upcoming robust festive and wedding season.
- •Natural diamond prices are firming up internationally, boosting consistent growth across brands like Tanishq, CaratLane, Mia, and Zoya.
- •Profitability is projected to improve due to a favorable product mix featuring a higher proportion of studded jewellery.
Key Questions Answered
Titan Company's domestic revenue grew 22% in the July-September quarter of 2026 (Q2FY27), driven by robust consumer demand and strong performance across its business segments.
The reported quarterly growth was affected by a timing shift in the festive calendar from late September to early October, alongside a decline in gold coin sales.
Titan maintains a stated ambition of achieving a 20% compound annual growth rate until 2029-30 (FY30), with the first half of FY27 tracking well ahead of this target.
