Titan Company500114Jewellery and watches
Titan's Q2 business update missed street expectations on headline growth, though core business remained strong, sending the stock lower
- Consumer business growth
- 22 percent
- Jewellery business growth
- 21 percent
- Core jewellery growth
- 20 percent
- Watches revenue growth
- 30 percent
- Eyewear revenue growth
- 28 percent
Heard on business television between 13:07:07 - 13:10:07 IST.
- Titan reported 22% growth in consumer business and 21% growth in jewellery, with core jewellery growing 20%, below street expectations of mid-20s to low-30s growth.
- Miss attributed to festive season timing shift and a sharp single-digit decline in gold coin demand for investment purposes.
- Watches revenue up 30%, eyewear (Eye+) up 28%, and emerging businesses including fragrances and women's bags doing well.
- International business continued to double on a low base, and the acquired Mia/CaratLane-type business showed recovery despite geopolitical tensions.
- Margins looked better in Q2 aided by a one-off inventory gain in EBITDA, limiting stock losses despite the headline miss.
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Also from Titan Company
Titan reported a strong Q2 business update with domestic growth of 22%, though the stock was down about 4% as festive season shift to Q3 impacted demand
7 Oct 2026
Titan's Q2 results showed 22% overall growth but a slip versus street's mid-20s to low-30s expectations due to weak gold coin demand and festive season shift
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Source: Live TV News Channel · 7 Oct 2026
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