Titan Reports 20% YoY Growth in Q2 FY26; Jewellery, CaratLane and International Drive Strong Performance

Bengaluru, October 7, 2025 – Titan Company Limited reported a strong performance in the second quarter of FY26, with its consumer businesses growing by around 20% year-on-year, supported by robust momentum in its jewellery and international operations. The company added 55 new stores during the quarter, expanding its total retail network to 3,377 outlets across India and overseas. The domestic jewellery segment, led by Tanishq, Mia, Zoya, and CaratLane, recorded ~19% YoY growth, aided by higher ticket sizes due to rising gold prices and the early onset of the festive season. Despite a high base in Q2 FY25, growth was supported by strong promotions and exchange offers. Tanishq, Mia, and Zoya grew ~18% collectively, while CaratLane posted an impressive 30% YoY growth. Studded jewellery outperformed plain gold categories, and gold coins continued their strong run, reflecting investor demand. Titan also inaugurated its first dedicated wedding store, ‘Rivaah’, in Delhi during the quarter. The Watches division posted ~12% YoY growth, driven by analog watches (+17% YoY) under the Titan brand. However, smart wearables declined 23% YoY, mirroring weakness in the broader market. Fifteen new watch stores were opened, including Titan World, Helios, and Fastrack. The Eyecare business grew 9% YoY, led by sunglasses, international brands, and online sales, with five new ‘Runway’ stores added. Among Emerging Businesses, Fragrances surged 48% YoY, Women’s Bags rose 90% YoY, and Taneira grew 13% YoY despite selective store rationalization. Internationally, Titan’s business grew 86% YoY, driven by Tanishq’s strong double-digit expansion in the GCC and more than doubling of its U.S. business, where the brand opened a new store in Virginia. ✅ Disclaimer: This article is for informational purposes only and should not be considered as investment advice. 👉 Follow for more corporate and market updates.