Titan Company500114Jewellery, watches, eyewear
Titan's Q2 update showed 22% revenue growth, below street expectations, though internals seen as resilient
- Overall revenue growth
- 22 percent
- Consumer business growth
- over 25 percent
- CaratLane growth
- around 32 percent
- Stock pre-open move
- down about 2.5 to 3.5 percent
Heard on business television between 09:10:40 - 09:13:40 IST.
- Titan reported around 22% overall revenue growth, below street anticipation, pulling the stock down about 2.5-3.5% in pre-open trade.
- Consumer businesses grew over 25%, driven by core brands Tanishq, Mia, Zoya and CaratLane, which grew around 32% on a lower base.
- Reported miss attributed to high single-digit decline in gold coin sales and festive season shifting from Q2 last year to Q3 this year.
- Buyer growth was mid-single digits with double-digit average ticket price growth; studded jewellery grew in the 30s versus plain jewellery at 20s, seen as margin positive.
- Watches, eyecare and emerging businesses grew fast, and Damas (Middle East business) showed recovery signs despite geopolitical tensions.
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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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