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Titan Company Q2 Business Update: Domestic Sales Surge and Store Expansion

BLUE DART Q2: मुनाफा पिछले साल के मुकाबले 63 करोड़ रुपये से बढ़कर 81 करोड़ रुपये. आय 1,448.4 करोड़ रुपये से बढ़कर 1,549.3 करोड़ रुपये. EBITDA 218.2 करोड़ रुपये से बढ़कर 251.9 करोड़ रुपये. EBITDA मार्जिन 15% से बढ़कर 16.2%

CNBC Awaaz•06-10-2026, 23:10

•Titan Company reported a year-on-year growth of around 25% in its consumer business for the second quarter of the 2027 financial year.
•The domestic business grew by 22%, driven by a 21% growth in the jewellery segment with strong performance in studded and plain gold jewellery.
•The watches and EyeCare businesses recorded impressive annual growths of 30% and 28% respectively.
•International business saw a massive growth of about 97%, which includes contributions from the consolidation of Damas.
•Jewellery demand moderated slightly towards the end of the quarter due to the festive calendar shifting to Q3.

Key Questions Answered

Titan Company's consumer business recorded a growth of approximately 25% year-on-year during the second quarter of the 2027 financial year.

The domestic jewellery business grew by 21%, with studded jewellery seeing around 30% growth and plain gold recording about 28% growth. Meanwhile, the demand for coins experienced a high single-digit decline.

Titan stated that the moderation in jewellery demand towards the end of the quarter was due to the shift of the festive calendar to Q3.