Titan Share In Focus: Titan shares will be in focus on Wednesday after jewellery and other accessory maker reported a 18 per cent year-on-year domestic business growth for the second quarter of the current
financial year 2025-26. The domestic jewellery business delivered a remarkable 19 per cent growth in Q2FY26, early onset of festive season in September this year offsetting the impact of Q2FY25’s high base.
The rising bullion prices has dampened the sentiment of purchases, leading to decrease in sales. However, the company noted, surging gold prices drove substantial ticket size increases offsetting marginal YoY declines in buyer counts.
Watches domestic business grew at 12% YoY driven by analog segment clocking with 17% growth. Growth was anchored by Titan brand posting strong double-digit growth and healthy volume offtake for the festive season.
However, Titan saw a shrinkage of smart wearable category sales to 23% YOY continuing to mirror the broader stress in the segment. Division added 15 new stores (net) consisting of 5 stores in Titan World, 7 in Helios and 3 stores in Fastrack respectively.
EyeCare’s domestic business grew c.9% YoY led by healthy performance from international brands, sunglasses and growth in E-commerce channel. Division added 5 ‘Runway’ stores in the quarter.