Titan Q3 update: Jewellery and overseas biz lead growth, consumer segment up 40%

Titan Company Ltd reported a robust business performance in Q3 FY26, led by strong festive demand and sustained consumer traction across key categories. Domestic business grew 38% year-on-year, while the international business surged 79%.

Overall consumer businesses posted 40% growth during the quarter, supported by broad-based expansion across jewellery, watches, eyecare and emerging segments.

The jewellery business remained the key growth driver, recording 41% year-on-year growth, aided by higher average selling prices amid elevated gold prices and steady consumer demand.

Within jewellery, Tanishq, Mia, Zoya and CaratLane delivered strong momentum, while Titan also launched its lab-grown diamond brand, beYon, towards the end of the quarter.

The watches division grew 13%, led by strong festive performance in analogue watches, while eyecare business rose 16% on demand for international brands and higher omni-channel sales.

Emerging businesses grew 14%, supported by fragrances and women’s bags, though Taneira saw a modest decline.

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During the quarter, Titan added 54 net domestic stores and two international stores, taking its total retail footprint to 3,433 stores globally. International growth was driven by jewellery performance across the GCC, Singapore and North America, with two new Tanishq stores opened in the US.

Ahead of the announcement, shares of Titan Company closed at ₹4,112, up 0.79%.