TITANTitan Company

Titan says September-quarter consumer business grew about 25%; jewellery up 21%

In its quarterly business update, Titan said its consumer businesses grew about 25% from a year earlier, with jewellery up nearly 21% and watches up 30%.

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Sector
Consumer goods

What happened

  • Titan's September-quarter business update put growth in its consumer businesses at about 25% year on year, according to Upstox and Storyboard18.
  • Jewellery across all brands grew nearly 21%, watches 30% and eyecare about 28%.
  • The company added nearly 78 stores in the quarter, taking its combined retail network to 3,758 stores.
  • Titan said demand was healthy for most of the quarter, with some softening near the end because the festive calendar shifted into the December quarter.
  • The shares closed at ₹4,540.00, down 0.87%.

Why it matters

Good to know: This is a business update issued before audited results. Titan's full quarterly results come later and can differ from these early figures.

Key facts

Consumer businesses
About +25% year on year
Jewellery
Nearly +21%
Watches
+30%
Stores
3,758 (nearly 78 added)

Read the source

This is a summary of public news about Titan Company, for information only. It is not a recommendation to buy, sell or hold TITAN.

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