Titan Company reports strong Q2 FY26 consumer business growth
Titan Company's consumer businesses recorded approximately 20% year-over-year growth in Q2 FY26, adding 55 net new stores and expanding its retail network to 3,377 stores. The domestic jewellery business led this growth with an 19% increase, supported by strong performance in Tanishq, Mia, Zoya (18% growth) and CaratLane (30% growth), despite surging gold prices.
The domestic watches business grew by about 12% year-over-year, with the analog segment showing 17% growth. EyeCare's domestic business saw approximately 9% growth, while emerging businesses, including Fragrances and Women's Bags, experienced notable surges of 48% and 90% respectively.
Internationally, Titan's business grew by approximately 86% year-over-year, largely due to Tanishq's expansion in the USA market and double-digit growth in the GCC market, with one new store added in Virginia. This provisional information is subject to Limited Review by Statutory Auditors.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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